I actually owned that exact bike as a teenager. Early '90s if I remember correctly. Those pedals are worse than useless- they're dangerous. Replace them if you plan on using the bike. I nearly spilled into heavy traffic as a kid because my foot slipped in dry conditions. I vividly remember the racking I got, too. Once the pedals were taken care of, I enjoyed the bike for the most part. It's a box mart bike, but it was what I was used to.