Originally Posted by
i-timy
yep, steel MTBs have 0 steam on the used market.
On one hand, that's really quite sad. As KonAaronSnake mentioned, they do make great commuter bikes.
On the other hand, it also means that they can be had for cheap if you want one to ride instead of flipping. I have an older Schwinn Sierra that I converted for commute duty, and it's actually become my favorite ride. It's so dang comfortable that I don't care if I'm a little slower on it.