Join Date: Jul 2011
Bikes: Santa Cruz Blur TR, Cannondale Quick CX dropbar conversion & others
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That is not the original shock. Your pics are small, but it looks like an older Manitou Radium to me, which is a lot cheaper and IMHO crappier than the Float R the bike came with.
An air leak in the shock could be a very easy fix, or it could be cost prohibitive for a low-end shock like that. A professional basic rebuild probably would start in the $70 range. PUSH would probably charge $125-150 to rebuild and put in better seals, tune for your body weight and trail types, etc.
I would ask where the original Fox shock is at. For sure, you should air up the tires, shock and fork and take a short test ride up and down some curbs. Make sure the shock and fork are damping and they don't have an excessively 'springy' feel.