I just got rid of a pair the other day that must have been about 7 years old. I went to put them on and the elastic made that crackly sound indicating that it's not really estastic any more. My three other pair are 4-ish, 2-ish and 1-ish years old.
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2014 Specialized Roubaix2003 Interloc Impala2007 ParkPre Image C6 (RIP)