Originally Posted by
Eyes Roll
…Btw, I am not really worried about spending $50. I am more concerned about how much more $$$ I have to spend to get the bike in working order as a daily commuter.
You’ll have to see it. For reference I recently rebuilt a 1985 road bike that was in good condition. I spent $190 on tires, new chain, new handlebar tape and hoods, brake cable and shift cable, bottom bracket cartridge and freewheel tool. No labor cost, and my objective was fix it good all at once. It was rideable as-found except for 35 year old tires..
For your objective “fix as you go” might work. Tires are probably single biggest material cost if the bike is functional. That looks like a mid-1970s bike and the tires could be very old.
If you aren’t going to do the work yourself the $ will be significant.