Originally Posted by
alan s
All mechanical objects have a useful life and become worn out or obsolete or both. Your bike is both. Even if you fix it up, it will still be obsolete. Get the new bike, and in 10-15 years, you'll be asking the same question about the new bike.
I have bikes that are 80, 44, 41, and 31 years old, are still going strong, perfectly functional, and are a pleasure to ride.
Obsolesce is very subjective, other than a few things such as tires or indexed shifting, its mostly a consideration of marketing and and enthusiast obsessing, rather than any actual need for the average cyclist or commuting.