Hey guys I recently went go a guys house to look at an older schwinn roadbike, he had about 30 bikes to choose from. He wanted around $125 for all the older schwinns then showed me this cannondale. I lifted it and never have felt a bike so light! I asked what he wanted for it and he said $225 I figured by the time I spent $125 on a schwinn and got it road worthy I'd have at least $225 invested. I didn't know anything about the cannondale just yhat similar ones on craigslist were going near $500. I asked if he'd take $200 because I have no idea what its worth. He took it. I will upload pictures later because the bike is it my girlfriends house. The only thing I don't like about the bike is the crank seems to squeak when under pressure. Just wanted to get some inputs, comments on my purchase, did I get a deal? Any have some input on this bike?

Obviously stolen

Is this it: Capo

Looks like a single speed.

Yep thats exactly what it is, single speed, at first i thought it was stolen too, but it was in a decent neighborhood and he said he rode the canondale for a year, and that he put new tires on it. I wondered why he had so many bikes, him and his dad said they buy a lot at estate sales fix them then sell them as a weekend hobby. If it was stolen him and his dad sure faked a lot of story telling for a couple hundred bucks.

do you have the skill to remove the crank and inspect? if not then I suggest finding a good shop to do it for you. There should be no squeak under any conditions if the bike is maintained properly.

Yeah I'm pretty sure I can, I'm new to bicycles, but I've done complete tear downs and engine overhauls on motorcycles several times.

it may not be anything more than some fresh grease required. This is a really good one https://www.performancebike.com/bikes...400149__400149

In that case i assume you have the technical know-how.

you're probably going to need a few specialty tools that I'm assuming (never assume) aren't part of a motorcycle toolbox. Mostly bottom bracket related things. But once you have those, it's pretty straight forward. Just keep your threads straight.