Originally Posted by coldass

I have a 90's vintage 55cm Serotta Ti. It also had downtube shifters when new. If the frame is in good condition and fits you - $500 is a bargain - even for the frame alone. The fact it is a fully kitted bike is a bonus. Buy it and upgrade it in the future if and when you need. Your friend is doing you a favor - thank him.

A quality steel or Ti bike is as good as it gets. And a Serotta is a good one of these.

My Serotta now has 2005 Campy Chorus 10 speed. New paint. A woundup fork and new American Classic 420 wheels. I expect it to be ridden for decades to come...