Hello everyone! New to the forums here. Seemed like a great place for some info. Now onto the bike...
So I picked this 1975 Peugeot U08 up today for 30 bucks. Been neglected for the last 25 or so years they said, but it seemed restorable so I took it home.
I guess my first question is, Should I try and rebuild the plastic/metal Simplex derailleur or is there something better that i could replace it with that is budget friendly? There isn't any tension and a couple of the teeth are missing from the little guide wheels on it.
Here's some pics of the bike.
