Newbie with old bike question
Hello all, I have been lurking and I find all of the discussions to be very informative. I would like to start a little road biking (besides the up and down the lake ride on nice days, here in Chicago, on my MTB). I have an old Giant road bike, I'm not sure how old, I bought it from a friend for 35 dollars, including the U-lock and helmet. The bike says Giant Quasar, however I can't find any information on this type of bike (it is Chromoly, it says in the front). Does anybody know anything about this bike type? Secondly, I would like to strip this bike, clean the frame and possibly paint it, and then replace all of the components with inexpensive components, to learn about bike maintenance and have a half way decent city road bike. Is this doable? Would you have any suggestions? I apologize for the long message.