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To add that bike lights use LEDs, so lights would need replacing if original ones use filament light bulbs.
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I had a 10 gear racing bicycle for 20 years, bought in 1981, and used until 2001. Over the years I had replaced the front cog, chain, rear cog and derailleur at least once, and removed the front gear changer (for gears 6 to 10). And of course tyres, inner tubes (with Woods valves), mudguards, wheels, brake blocks, saddle and panniers (which got caught in the rear wheel). This was general riding, not sports.

My current bike is a Raleigh Pioneer 120 hybrid 5 gear which I bought in 2001. Again, I've replaced tyres, rear cog, brake blocks, saddle. I had the chain, rear cog, and gear changer replaced at a bike shop last year (for around £60 the lot) because it was worn out. I ride most days on local journeys and to work. But not bad for almost daily use over the last 16 years. So with maintenance, a few adjustments, and personal interest, a bike can last for years.

I've been riding bicycles since 1969. The total costs of replacement bits can be more than the original cost of the bike, but over the years it is not a great deal because the costs are spread out. An older 1970's or older bike would be more difficult to maintain especially if it uses a Sturmey Archer gear or a 'dynohub' (with lights that use filament light bulbs) or is a 1970's Chopper. Wheels with modern gear hubs and dynamo hubs (connected to LED lights) should fit an older frame, but it's whether it's compatible with an original gear changer and lights which may then need replacing for compatibility. And Woods valves? They haven't been made since the mid 1980s probably due to mountain bikes coming in at that time with Shraeder valves, but Presta valves of course will fit.

I had a 10 gear racing bicycle for 20 years, bought in 1981, and used until 2001. Over the years I had replaced the front cog, chain, rear cog and derailleur at least once, and removed the front gear changer (for gears 6 to 10). And of course tyres, inner tubes (with Woods valves), mudguards, wheels, brake blocks, saddle and panniers (which got caught in the rear wheel). This was general riding, not sports.

My current bike is a Raleigh Pioneer 120 hybrid 5 gear which I bought in 2001. Again, I've replaced tyres, rear cog, brake blocks, saddle. I had the chain, rear cog, and gear changer replaced at a bike shop last year (for around £60 the lot) because it was worn out. I ride most days on local journeys and to work. But not bad for almost daily use over the last 16 years. So with maintenance, a few adjustments, and personal interest, a bike can last for years.

I've been riding bicycles since 1969. The total costs of replacement bits can be more than the original cost of the bike, but over the years it is not a great deal because the costs are spread out. An older 1970's or older bike would be more difficult to maintain especially if it uses a Sturmey Archer gear or a 'dynohub' or is a 1970's Chopper. Wheels with modern gear hubs and dynamo hubs should fit an older frame, but it's whether it's compatible with an original gear changer which may then need replacing for compatibility. And Woods valves? They haven't been made since the mid 1980s probably due to mountain bikes coming in at that time with Shraeder valves, but Presta valves of course will fit.

I had a 10 gear racing bicycle for 20 years, bought in 1981, and used until 2001. Over the years I had replaced the front cog, chain, rear cog and derailleur at least once, and removed the front gear changer (for gears 6 to 10). And of course tyres, inner tubes (with Woods valves), mudguards, wheels, brake blocks, saddle and panniers (which got caught in the rear wheel). This was general riding, not sports.

My current bike is a Raleigh Pioneer 120 hybrid 5 gear which I bought in 2001. Again, I've replaced tyres, rear cog, brake blocks, saddle. I had the chain, rear cog, and gear changer replaced at a bike shop last year (for around £60 the lot) because it was worn out. I ride most days on local journeys and to work. But not bad for almost daily use over the last 16 years. So with maintenance, a few adjustments, and personal interest, a bike can last for years.

I've been riding bicycles since 1969. The total costs of replacement bits can be more than the original cost of the bike, but over the years it is not a great deal because the costs are spread out. An older 1970's or older bike would be more difficult to maintain especially if it uses a Sturmey Archer gear or a 'dynohub' (with lights that use filament light bulbs) or is a 1970's Chopper. Wheels with modern gear hubs and dynamo hubs (connected to LED lights) should fit an older frame, but it's whether it's compatible with an original gear changer and lights which may then need replacing for compatibility. And Woods valves? They haven't been made since the mid 1980s probably due to mountain bikes coming in at that time with Shraeder valves, but Presta valves of course will fit.

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I had a 10 gear racing bicycle for 20 years, bought in 1981, and used until 2001. Over the years I had replaced the front cog, chain, rear cog and derailleur at least once, and removed the front gear changer (for gears 6 to 10). And of course tyres, inner tubes (with Woods valves), mudguards, wheels, brake blocks, saddle and panniers (which got caught in the rear wheel). This was general riding, not sports.

My current bike is a Raleigh Pioneer 120 hybrid 5 gear which I bought in 2001. Again, I've replaced tyres, rear cog, brake blocks, saddle. I had the chain, rear cog, and gear changer replaced at a bike shop last year (for around £60 the lot) because it was worn out. I ride most days on local journeys and to work. But not bad for almost daily use over the last 16 years. So with maintenance, a few adjustments, and personal interest, a bike can last for years.

I've been riding bicycles since 1969. The total costs of replacement bits can be more than the original cost of the bike, but over the years it is not a great deal because the costs are spread out. An older 1970's or older bike would be more difficult to maintain especially if it uses a Sturmey Archer gear or a 'dynohub' or is a 1970's Chopper. Wheels with modern gear hubs and dynamo hubs should fit an older frame, but it's whether it's compatible with an original gear changer which may then need replacing for compatibility. And Woods valves? They haven't been made since the mid 1980s probably due to mountain bikes coming in at that time with Shraeder valves, but Presta valves of course will fit.