Retro Bargain !

So I noticed a bloke selling this in my local paper selling for £30 so I thought I would snap it up. Its a Giant Speeder from around late 80's/ early 90's I think.
Its based around a lugged Cromo 4130 frame. Its not super light but its super tough!
It was the just about the right size (maybe a tiny bit too big but still a good fit). The paintwork is scratched and chipped but I am planning on respraying black so not too worried about that and there is no rust or dents which is the main thing.
The shifting gear is in good shape, Its running Shimano Exage 7spd gear with a 400EX rear indexed mech and Biopace Exage standard double up front. The front shifter is friction not indexed and its all run from Exage downtube shifters. They take a bit of getting used too but they shift really well!
Brakes are also Exage and its just had new shimano pads fitted.
The only things I have had to do to get it running again is put on some wheels, I got a set of brand new 700c generic 36 spoke road wheels on Novatek hubs and a brand new Shimano 7sp cassette, its also had a new chain. I popped on a brand new pair of 700x28c Nutrak tyres. Total cost for these bits was £45
The only things left to do are:
1. Strip and paint black ( I have 2 cans of Panther Black paint left over from another project & primer and clear coat)
2. Swap out the current (harsh) saddle for my Brooks saddle
3. Get the LBS to change all the shifter and brake cables (£20 quoted)
So all in all the whole thing when finished will be around £100 !
I have not had chance to set it up properly so ignore the random seat position etc, I have only taken it on a few shake down runs around the village.


Thoughts ?
Anyone know any history about the Giant Speeder ?
Cheers
Its based around a lugged Cromo 4130 frame. Its not super light but its super tough!
It was the just about the right size (maybe a tiny bit too big but still a good fit). The paintwork is scratched and chipped but I am planning on respraying black so not too worried about that and there is no rust or dents which is the main thing.
The shifting gear is in good shape, Its running Shimano Exage 7spd gear with a 400EX rear indexed mech and Biopace Exage standard double up front. The front shifter is friction not indexed and its all run from Exage downtube shifters. They take a bit of getting used too but they shift really well!
Brakes are also Exage and its just had new shimano pads fitted.
The only things I have had to do to get it running again is put on some wheels, I got a set of brand new 700c generic 36 spoke road wheels on Novatek hubs and a brand new Shimano 7sp cassette, its also had a new chain. I popped on a brand new pair of 700x28c Nutrak tyres. Total cost for these bits was £45
The only things left to do are:
1. Strip and paint black ( I have 2 cans of Panther Black paint left over from another project & primer and clear coat)
2. Swap out the current (harsh) saddle for my Brooks saddle
3. Get the LBS to change all the shifter and brake cables (£20 quoted)
So all in all the whole thing when finished will be around £100 !
I have not had chance to set it up properly so ignore the random seat position etc, I have only taken it on a few shake down runs around the village.


Thoughts ?
Anyone know any history about the Giant Speeder ?
Cheers
0
Posts
I bet everyone on this forum would take a old bike with decent kit over a supermarket special any day !
Cheers
jealous of your find mr_eddy, good luck with the project
I have a 1990 ish Peugeot Ultima (Reynolds 653 frame) with a mix of Shimano 105 & Sora. Not sure of the frame size but I'm 5ft 9in. It has been lurking in the back of the shed for the past 10 years as I can't bring myself to ditch it. Needs new tyres but otherwise it is in good condition. If anyone is interested in making an offer let me know and I'll send some pics.
Postage & packaging would probably make anything on the forums above my budget for a tlc frame
If i could collect then the frame would be worth a few beer tokens
How on earth do you get all that lot for £45?