I have a new bike, although not so 'new' as well worn. It is a Romet Wigry, and on its 20" wheels it seems tiny compared to my Romet Jubilats.
Wigry in the wild
I plan to strip it down, give it a good service and then build it back up in a very minimalist style - so it will be losing that front lamp and the side stand (which is a bit short). I will be keeping the rack for now, and I will probably put new tires on it later in the year (which since they will be larger in diameter would make the side stand less effective). To make it easier to fold I will be swopping the basic bolt clamp for the lever type off one of my other Romets that only gets folded when I put it in storage - while this bike I want to keep in the back of the car during the summer.