Sammyboy

My Raleigh 20 cost me $40, and has needed a new tyre, tube and rim tape, a thumb shifter to replace the awful twist grip, and new grips (because the twist grip shifter was gone). I also replaced the pedal with some platforms I had from a junk bike. Total cost has been around $70, and it's a fine, usable bike. It's not as light as new ones, nor does it fold as nicely or small as a Brompton, but with the use of a bungee, I can fold it plenty small enough to be acceptable on trains, my Ortlieb Office Bag 2 works well on the rack, and it's rideable at 15 mph average wherever I want to go. For the money, that's hard to beat.