I was also riding in 1987 when I bought my first real bike a Benoto road bike that I put several thousand miles on. I sold it at a yard sale for $50.00 with sewups and several upgrades but it needed a few parts replaced. I had about $1,000.00 in it and used bikes at the time 1995 weren't worth alot. So I thought. Now I'm kicking myself for getting rid of it after looking at a comparable bikes today. <img src="/forums/images/graemlins/frown.gif" alt="" /> Twice the cost. <img src="/forums/images/graemlins/crazy.gif" alt="" /> I think used bikes will be worth more as time goes on.
There is a guy around here that rebuilds decent old bikes and sells them for $400.00 up. Memphis Craigslist .http://memphisbargainbicycles.com