As one taking part in the Pelosi/Obama/Biden recession, one has to take it easy on spending. On the other hand, I did have the opportunity to give my ten year old daughter a hot new ride for only forty bucks.
A 1975 (or so) Schwinn Collegiate. No kidding. With springs under the seat, swinging your leg across the saddle of this hot rod is like going from a one ton Dodge to a Caddy, even if your legs are six inches longer than your daughter's. I found the bike in a junk pile at a friend's house, picked it up when I saw the old Schwinn badge, and discovered to my delight that apart from dead tires and a touch of rust, it was in really good shape.
With new tires, she took it 18 miles without getting tired. If you're in the market for a good bicycle, don't ignore the oldies but goodies. They can save you a lot of cash, and prevent you from getting saddle sore to boot.
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