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Old 05-23-09, 04:48 PM   #1
slimvela
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So I was dropping my kids off for a sleep over, and what did I find?

Update: Kenda Gumwalls installed along with new rim tape and tubes, saddle acquired from thrift store. All else checked out okay, relubed, retensioned, and readjusted. All original other than saddle, tires, and bartape; right down to the last ball bearing.

A 1984 Peugeot P6. Resting in the grass on its kickstand with a yellow sheet of paper which read "$10" taped to the top tube. Was hoping it was something older, but being a rookie at this resto thing, I figured for $10 I couldn't go wrong on a fully functioning Peugot.

Now I have something to do over the weekend...and a few more after that.

Comments on what I should/not do are welcome.

Updated photo:

Last edited by slimvela; 06-03-09 at 03:15 PM.
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Old 05-23-09, 05:17 PM   #2
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Not a valuable bike, but for $10, how could you go wrong?

For a few parts for other bikes it would be worth that much, and it definitely looks like it would be good for more than that... it should make a very reasonable rider...

To be honest, on that bike, you are limited only by your creativity... You aren't going to damage an exotic bike, so do whatever you decide to do.
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Old 05-23-09, 05:21 PM   #3
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First, I'd pay $10 for a P-6 in that condition all day long. You did very well. Good job. I wouldn't buy a lot of really nice components for it. Other than that, it's a low end bike that can be fixed up to be a nice rider to have some fun with. When you're done with it, sell it for a profit and re-invest in another vintage bike. Fix up the next one, sell it for more than you've invested, then buy another and so on.......
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Old 05-23-09, 05:25 PM   #4
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Firstly, good score !,-- ok ,strip 'n' clean,flip bars and re-aligne brake levers ,ditch foam and wrap bars in tape,new tyres,tension in rear DR looks shot might hafta replace DR, lastly but most importantly "THAT SEAT HASTA GOOOOOO" ! dont forget the "usuals" grease BB oil cable,s etc etc , If its fits you enjoy riding it,and it feels a lot better when you,ve fixed it up yourself ! good luck !
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Old 05-23-09, 08:16 PM   #5
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okay, so looking it over quickly I have found the following:

wheels...true, spokes have surface corrosion and of course tires are rotted, bearings are a little rough but spin freely,

headset/bars/stem...good to go, a little gunky with old grease

frame...great condition with nicks, chips and scrapes typical of clamp on bottle cage and occasional tip over, no bends or rust to be found, gotta love the dry arizona heat

drivetrain/brakes...RD needs rebuild (if possible) otherwise everything else works, pads are dry rotted/hardened

I do have a question though. If I can salvage the hubs and rims, would it be worth having the spokes replaced and reusing the original wheels?

I intend to keep this one to rebuild/restore. Since my hot rod building/classic car restoring days are over, I figure why not carry that over into my bicycle hobby.
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Old 05-23-09, 08:30 PM   #6
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Just scrub the spokes down with a sos pad or something similar and let it go at that.

Disassemble and regrease everything. Put the handlebars on correctly and remove the turkey levers.

Get rid of that horrendous saddle.

Possibly replace brake/shifter cables and housings.

Go for a ride!
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Old 05-23-09, 08:43 PM   #7
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Just scrub the spokes down with a sos pad or something similar and let it go at that.

Disassemble and regrease everything. Put the handlebars on correctly and remove the turkey levers.

Get rid of that horrendous saddle.

Possibly replace brake/shifter cables and housings.

Go for a ride!
I'm thinking the scrub and go route is a great idea. When looking at the levers, they appear to pemanently mounted. Or does the pin tap out and back in?
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Old 05-23-09, 09:02 PM   #8
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I'm thinking the scrub and go route is a great idea. When looking at the levers, they appear to pemanently mounted. Or does the pin tap out and back in?
Disconnect the brake cables at the calipers, then press the brake levers. Looking inside, you'll see the screw that tightens the lever mechanism to the bars.
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Old 05-24-09, 07:18 AM   #9
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I like turkey(lazy) levers
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Old 05-24-09, 07:47 AM   #10
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Being a dad has it's rewards
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Old 05-24-09, 11:00 AM   #11
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Congrats on a great catch!
Disregard the combo chain lock, that thing is utterly useless.
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Old 05-24-09, 11:08 AM   #12
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Great find! Enjoy!
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Old 05-24-09, 06:20 PM   #13
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With some new gumwalls, degunking of the FD & RD, lubed the chain I took it around the block and it works perfectly. The AZ heat even kept the chain in working order.

Later this evening I will begin to break it down to inspect the headset, BB and hubs. The hubs are a little gritty so I'm sure they need to be repacked, just hope my spin around the block did not damage them.
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Old 05-24-09, 08:28 PM   #14
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Since my hot rod building/classic car restoring days are over, I figure why not carry that over into my bicycle hobby.
I'm in the midst of the same thing. Bikes are so much cheaper and they're almost just as rewarding. You can go fast with either, but few things compare to a balanced and ported engine with glasspacks.
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Old 05-29-09, 12:21 AM   #15
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UPDATE: during that ride a couple days ago I noticed the front wheel wasn't tracking straight. so prior to breaking the front headset assembly down I did notice the tire to be leaning to the left. it appears that the fork is somehow bent, possibly at the crown. the headtube appears to be straight and alinged with the top/down tubes, but the funny lean would have you think otherwise as a bend in the fork is almost unnoticeable. I am going to lay the fork up against another that is similar (read as my friends '80's vintage Raleigh) to see if there is a difference.

i hope it is good to go, even if it needs a little 'persuasion'. because french bicycle forks are not easy to find from what I have been told.
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Old 05-29-09, 07:45 AM   #16
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UPDATE: during that ride a couple days ago I noticed the front wheel wasn't tracking straight. so prior to breaking the front headset assembly down I did notice the tire to be leaning to the left. it appears that the fork is somehow bent, possibly at the crown. the headtube appears to be straight and alinged with the top/down tubes, but the funny lean would have you think otherwise as a bend in the fork is almost unnoticeable. I am going to lay the fork up against another that is similar (read as my friends '80's vintage Raleigh) to see if there is a difference.

i hope it is good to go, even if it needs a little 'persuasion'. because french bicycle forks are not easy to find from what I have been told.
Odds are you can bend it back into service if it's just the fork. If you do have to replace the fork, you might think about using one that's not French. You'd have to replace the headset and stem, but you'd have an easier time with future service.
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Old 05-30-09, 01:59 PM   #17
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fork has been "massaged" into place, RD & FD working like a champ, and wheels rolling smoothly. Doesn't stop well enough to make me feel comfortable, but what more can you ask from a 25yr old French ride like this?

Saddle options that would befit an entry level Peugeot?
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Old 06-03-09, 03:16 PM   #18
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photo update :thumb
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Old 06-03-09, 03:56 PM   #19
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Being a dad has it's rewards
Wait, you're a dad and you still had $10 in your wallet?
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