Originally Posted by
bfromcolo
My 2 cents...I have a 71 Continental that had steel wheels. I found a late-80s World Sport in a thrift shop for $25 + tax with true alloy wheels. I took the wheels, 6 speed freewheel, brakes and rear derailler off the World Sport. Now my Continental is a 12 speed with alloy wheels. I sold the World Sport frame on Craigslist for $25. Total cost of upgrade about $1, or whatever the tax is on $25.
There is no shortage of low milage 80s donor bikes with decent alloy wheels in thrift shops around here for $20 or so. Don't know where you live, but I bet you can do this for next to nothing with a little patience.
I would think that (unless the Continental was your size and the World Sport was not) upgrading the Continental would be going backwards. I say this as someone who set up 100s of these bikes back in the day. The Continental had a tubular fork (better than the Varsity) but was electrowelded 16 gauge strip steel that was very low carbon (type 1010). The World Sport was made of thinner (18 gauge) higher carbon (1020) steel and used a brazed lug construction. The World sport was about 3 pounds lighter, too.
That said, if the Continental had good vibes for you, cool. I had a friend in college, Gary, who upgraded his Varsity (alloy hubs and rims). Another friend and I went out with him on our superbikes (An early Trek large diameter Al frame, and a Raleigh competition in 531) and Gary kicked both our tuchuses. Embarrassing.
To add what others have said, the ~1980 LeTours were pretty good bikes. Not 23lb superbikes, but very nice riding. I have a similar bike (a Superior) and an even better bike (World Voyageur, made in Japan) from that era. The spokes were corroded on the superior so I rebuilt the wheels with new spokes. It rides really nice now.
Check your wheels. Some Le Tours had steel wheels. Some (the Super Le Tour for sure) had alloy rims. If you have alloy rims then: if the hubs are ok (smooth running) or can be made ok by cleaning and repacking with new grease, then upgrading the whole wheel may be of limited utility. If you have alloy hubs and a steel rim, you could either buy new wheels or lace new alloy rims onto the old hubs. Whether you go for new wheels or new rims, you have a choice about 27 inch wheels that came on the bike, and 700c wheels that are ubiquitous now. 27 was OEM and you know that the brake arms will reach the rims. 700c offers more tire choices and more availability of tires and tubes but will require some brake adjustment. As I mentioned, on my superior I kept the old rims and relaced with new spokes. There are very good tires available for 27 inch wheels (just not the wide variety of 700c). I put Panaracer Paselas on.
I agree with bfromcolo that there are a lot of great old bikes available on Craigs list, at coops etc. You might be able to pick up an entire new bike with really good wheels and better frame and workings for the 200 bucks new wheels will cost. But the Le Tours were pretty good bikes.