Originally Posted by
nodgesh
I plan on riding it to work and I kind of want to fix up an older road bike for that purpose, but I don't want to spend more than the bike was originally worth doing this.
Come on!!! It is your dad's old bike... surely that makes it worth the cost!
Seriously though, if nothing serious needs replacing, many vintage bikes can be made better than a modern cheap bike for less money than buying a modern cheap bike.