I am new to biking and am looking for an all around good bike, on a strict budget. I had a super cheapie hand-me down Walmart bike that did not even last a week for me. I used my bike around town to run errands, go to the park, fitness, and I am hoping to add commuting. I only live 7 miles from work.

I was looking at a 2006 Jamis Tangier on Craigslist for $150, which is right about my budget for the time being. I can save for a little while and spend more, but I was hoping to get something sooner rather than later.

Is this a good deal and the type of bike that I should be looking at? Or is there something that I should be looking for that would better suit my needs?