I'll show my Clunker for this year's challenge too.
1983 Puch Alpina.
As bought:
Now:
I cleaned, repacked everything, replaced cables and housing, trued and de-stickered the wheels, polished the aluminum bits, drilliumed the crank and brake levers, and painted the lugs.
Unfortunately my future plans after riding the 100km for the challenge are to sell it. The frame is stiff and comfortable, but the geometry is so weird for me, the single speed doesn't fit the terrain I ride (would be perfect for a city/college bike), and the wheels and brakes would have to be upgraded. Unfortunately I'd have to sink way too much money in it for it to be enjoyable for my style of riding.