Originally Posted by T-Mar

The subject bicycle is a 1985 Miyata 912. This was a very fine, upper mid-range model for the period. Miyata were arguably the beat mass volume manufacturers during this era.

However, the bicycle does have some issues. As noted, the original levers have bee replaced. The New 600EX pedals are missing their toe clips and straps. Unfortunately, the clips are clips are dedicated and replacements are getting hard to find and are often expensive, so you may want to factor in the cost of replacement pedals.

The drivetrain shows signs of a heavy use. The inner chainring is due for replacement. This means the chain and rear cogs probably require replacement too. I'm not sure if this year uses a freewheel or cassette and the catalog specs are unclear. If it's a freewheel it's no issue, as six speed HyperGlide freewheels are plentiful and inexpensive and the HyperGlide is no brainer upgrade for the improved shifting. However, if it's a cassette the required Uniglide style are getting hard and expensive to find. A modern HyperGlide style cassette can be modified fairly easily for all but the theaded outer cog. The other alternatives are to transplant a HyperGlide body, replace the hub or the whole wheel.

While I'm a big fan of Miyata this one has enough issues to make me weary. I'd have no problem with the asking price, were it in good mechanical condition but this one has enough signs that I'd suspicious of the overall wear and tear. If it uses a cassette, I wouldn't go over $150, even in a relatively hot market.