I found this bike on CL and thought about buying it . The price seems ok but I already know from my rebuild of the Trek 7900 you can end up spending money you did not intend to getting an older bike up and running due to neglect and abuse. This is a 12 Speed I have no idea as to the model and the owner says it needs a new axle for the rear wheel. Anyway let me know what you think , and if $40 is too much for this classic Italian steel bike.