I found a bike a few months ago and spent about $60 getting everything I needed to get it going. My college is right in the CBD so there is no way I can park the car. However the bike turned out to be a total death trap! The back wheel was distorted, the rims were so rusty that it just chewed straight through the brake pads and for a racing bike it was about as light as a Harley Davidson.
This all culminated in me getting wiped down the side of a Land Cruiser after a lovely lady overtook me and then turned left! The brakes were less than impressive. I was ok, just a big friction burn down my arm - I swore at the lady but she was bawling her eyes out so I just cycled off and then scraped my other arm on a sodding signpost!
So I bought a new one! I ordered it from a bike company in Sydney that only sells direct from the factory. It only cost $400 and took 3 days to get to my house. And it is a beauty. Economic fall out has been pretty spectacular though.
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