Well, I have received my father's old '75 Viscount Gran Touring, and I am truly excited to get it up and running strong again. Please don't tell me to buy a newer bike as I am restoring this one for sentimental reasons, not financial ones. The bike has been sitting in a shed/garage/basement for the past 25 years or so, and it has gotten banged up quite a bit in that time. I have some concerns about the bike I was looking for some help with.
First, I don't know anything about the maintenance or history of repairs on the bike, so assuming everything is original from '75, what would I automatically have to replace?
The shifters/derailurs/cables are pretty rusty - would it be easier to replace these completely, or would it be better to just clean and lube everything and replace the cables?
The wheels are far from true - would this usually be cheaper to have a shop bend/retrue the rims, or would it be cheaper to buy new ones at this point?
Also, if anyone has any other tips/advice on what to check the bike for at this point, I would be greatly appreciative. Thanks to all in advance!