Join Date: Apr 2009
Location: New Rochelle, NY
Bikes: too many bikes from 1967 10s (5x2)Frejus to a Sumitomo Ti/Chorus aluminum 10s (10x2), plus one non-susp mtn bike I use as my commuter
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Since chain lube only works on the inside of the chain, any nlube on the outside is excess. You want to wipe off as much as you reasonably can, though with most oils it'll be hard to wipe it totally dry. How much to leave on is up to you. If you ride in wet or harsh conditions, you might leave a film as rust protection, but if you ride in sandy or dusty conditions you might use some solvent of your wiping rag to get it dry to the touch so less will stick.
Don't overthing it, it's a bike chain, if it attracts a ton of dirt, wipe it drier, if it rusts, wipe some oil back onto it.
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