I have a utility trailer that was built in 1950 using car front axle spindles and bearings from a 1937 Plymouth. I serviced the bearings for the first time (complete washout and re-greased) in 1982. They are still going without further attention. 32 years the first time, 33 years and counting now.
I've serviced bicycle bearings that ran 30 years after servicing with Campagnolo grease. A little bit icky but not too bad.
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My C&V Bikes:
1972 Bottecchia Professional, 1972 Legnano Olympiade Record,
1982 Colnago Super, 1987 Bottecchia Team C-Record,
1988 Pinarello Montello, 1990 Masi Nuova Strada Super Record,
1995 Bianchi Campione d'Italia, 1995 DeBernardi Thron