Hey everyone, I'm new here and looking to learn a lot. Anyway, I haven't rode a bike since I was 15 (I'm 30 now), but with my 6 year old son riding a bike I thought it would be something fun we could do together. I fell in love with vintage road bikes a few months ago after reading on a car forum about a guy who bought vintage road bicycles and fixed them up to mostly resell. I love the vintage and simple look of them, how you can personalize and customize them, and the overall idea of giving something old new life.
After not finding any good, affordable, vintage road bikes on Craigslist in my area my Brother-in-law let me know that I could have his 27" 10 speed Takara from the 70s for the unbeatable price of....FREE. Yes, I know this is a mid level bike at best, but given the fact that I didn't have to pay a dime for it I had to take it. Also it's my very first road bike so I thought it would be a good bike to learn on.
I picked it up a few days ago and it's in pretty good shape. He informed me that it had a shifting problem (derailleur issue most likely?) and it would need new tires. I already cleaned it up pretty good and the paint is in decent condition. It does have a few scratches and chips, some light surface rust, and the decales are a little weathered. Not sure if I want to repaint it or not. Being that it is a lower end bike I don't think painting it would hurt it's value. At the same time having the original paint/decals is kind of neat. What do you guys think?
My plan for the bike is to completely go through it. I don't want to put a lot of money into it, but I want to do things like change the rear hub bearings just for the experience. I am going to learn as much as I can on this bike and hopefully get to enjoy riding it a little too. I plan to resell it down the road, but I don't expect to make any money if any. Here are a few pictures of the bike after I got it home. Let me know what you guys think.