Join Date: Oct 2008
Location: Canton, OH
Bikes: 1990 Trek 1420 - 1978 Raleigh Professional - 1973 Schwinn Collegiate - 1974 Schwinn Suburban
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Yeah, first off that is a very nice, high quality bike so I would not worry about upgrades at all.
What you will probably need to do is get it some routine maintenance.
-New grease and bearings in the bottom bracket, wheel hubs, headset and pedal spindles.
- New cables and cable housings, decent quality lined housings make a huge difference.
- Check the chain for stretch and either clean/relube it or buy a new one
- New tubes are not a bad idea, check the tires for wear or cracking.
-Lube all the pivot points on the derailleurs, and anything that moves
- Grease the seat post and stem
Stuff like that, I think it's best to learn how to do it yourself but you will need special tools and patience. 200 should get you a decent overhaul at a local bike shop. That bike is worth the work in the end.
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