Challenger?
 

Just picked an old 10 speed. Just says Deluxe Challenger on seat post.
Sun tour Honor derailleurs, center pull brakes and a lugged frame.
Good tires and rides good.
Is this worth the $40 I paid for it?
Stand over height is perfect but the reach is a little short. Will an extended stem help?
Thanks

Pix or it didn't happen.

(Is that how the kids say it?)

On bike forums the line is more like: "Without pictures, preferably close-ups covering all the major details of the bike, with special emphasis on the drive train, it is impossible to make any meaningful assessment of any used bicycle's market value."

For $40, as long as its complete and pretty much ready to ride, you probably did fine. Stamped dropouts, turkey levers, and stem shifters all point towards a 70's "bike boom" era bike. Its nothing special, but should be a sturdy dependable bike if properly maintained. A longer stem will help with reach but I wouldn't invest too much.

My thoughts exactly

There was a Lotus Challenger, but was more up market. chris

Depends on your market, here, you paid too much. In a hot market, it would be a deal. Add cottered crank, steel rims, steel handlebars, claw RD hanger, crimped dropout attachment, nutted axles, no brake cable stops or clamps, etc.

Need to address all bearings a grease before riding much. Those areas may have last been touched 40 years ago (it is typical for bikes to get little/no maintenance).

If you are resourceful, for $10 or less, you could have a basic bike to ride. So whether it was a good deal or not is more about who is going to rehab it.

WallMart sold a Challenger that looked like that many years ago and it had 26" wheels, Maybe it
Ed