Peugeot U08; where to go from here
Well, I picked up what I thought was a good deal. Maybe it is.
My intentions were open when I bought this bike: flip or maybe keep.
The frame is in fairly good condition. All the parts original. Mafac brakes, nice Maillard pedal with Christophe clips. Rigida Chromux wheels. Cables and housing replaced recently.
Replacement Vetta seat. Well, as it often happens, you get a bike home, and well, it has more problems than you observed when you first bought it. I got the bike for $15. I bought tires and tubes; $50. The big issues: the front deraileur body is busted and this is a broken spoke on one wheel. Fixing the wheel (LBS) and buying a new front deraileur to going to cost.
Is this bike puttting another $50-75? After getting it home, I dont like the quality of this particular model, so I think I should sell it.
So, my questions are: is there a market for parts from a lower end model like this? Would there be any return on moving forward and continuing the restore and sell it?
Please share your thoughts. Thanks,