Panasonic Bicycle Company History and Facts – Frugal Average Bicyclist
Here are the primary questions for evaluation:
Fit: a. How tall are you? b. Standing barefooted over the top tube, How far can you lift the front wheel before hitting bone in your crotch?
Mechanical: 1. When you push the bike forward, do the pedals turn?
If Yes = the seller did a poor job of maintenance. Probably needs an overhaul.
2. Does it brake adequately? The safety levers on most bikes were not good, brake from the vertical levers.
No = new pads
3. Does it shift adequately through front+rear derailleurs?
May just need a simple adjustment with limit stops.
(Maybe that freewheel's large cog is hard to reach with a short cage derailleur?, hard to tell from picture.)
Good pie plate rear wheel protection.
Lots of tips possible with clear driveside picture. Take it to Bicycle Mechanics for the best answers with fewest replies.