RubeRad, this Miyata is my short commute bike and has about 10,000 miles on it. I was working at a Miyata dealer at that time and got a stinking deal on it. $225. Way lower than wholesale. About 2 cents a mile. The original tires are long gone, but the subsequent replacements have all been free to me. Benefits of working for low wages at a bike shop is the inside deals that come your way once in a while. Chain and freewheel have each been replaced 3 times at an additional 45 dollars. Still has original components outside of the chain, freewheel, tires, and saddle. Make it 2.5 cents per mile over all these years. Not bad. Can only get better than that if the bike had been free!

Have another 85 Miyata that I use for long commutes and touring. That bike was given to me as New Old Stock. So far the only expense has been tape, saddle and tires. It is good to be frugal and know how to live that way.