Originally Posted by ChicAgo steel

1989 SCHWINN BICYCLE COMPANY LIMITED WARRANTY.

WHAT SCHWINN WILL DO TO CORRECT DEFECTS
SCHWINN WILL, at its option, either repair or replace any defective product, part or accessory. Repair services or replacement parts will be provided free to you.
Dealer labor charges for installing replacement or accessories are not covered by this warranty, except for:
1. bicycle during the free 30-day check-up, and
2. defective frames within one (1) year from the date of purchase.


Hmm, I think they got ya by the boys with that very last line.