Originally Posted by
daverup
The cost on an other road bike can be upfront or pay later. If you find a $200-300 bike that needs $200 worth of rehab, then you will still probably have a $300 bike.
If you buy needing "a few things", you may get shocked with the costs. Sometimes these things have hidden defects that cause trouble.
Your local bike shop may be less than enthusiastic to work on your older bike.
Good luck
I wouldn't be considering an old bike if I couldn't fix it myself. I've been doing car, motorcycle, and boat repairs and restorations for most of my life. It's part of the fun of owning vintage stuff!