About a week ago I went out to the back of my building, and there, sitting next to the dumpster, was a bike. At first I thought it was either stolen or intentionally parked there, but when I looked closer I saw that it had two flat tires and the rear brake cable was hanging off.
I had been looking for a rack for my current bike, as well as some handlebar extensions, and this one had both, so I picked it up and carried it back to my apartment figuring at least I could grab some parts. When I got a closer look at it though, the wheels started turning, both in my head and on the bike. A closer once-over revealed that the componentry was, while not top flight, at least decent and there. Hmm.
A quick internet search showed that Peugeot sold the Urbano Hybrid from 1993 to 2001 with various OEM components. The 1991 MSRP of $299 would put the bike at a $525 price point today. More thinking.
Ok, so, after giving the bike the hairy eyeball for the afternoon, I decided it was a keeper. I'm limited for space in my place and I already have one bike up here. Ten minutes of squirting WD-40 and messing around freed up the stuck brake cable and seized cantilever.
Further inspection revealed the following list:
* The tires are pretty much toast. The treads are good, but the sidewalls are badly weather-checked.
* The brake pads are toast.
* The rims are a little out of whack, but not seriously.
All of these things are relatively minor service items that I can handle myself. I don't really want to ride my Miyata in the winter, and this one already has a rack on it. Ok, decision made. I'm going to put some cash into it and make it the winter shopping bike. Here we go!