Should I restore my old mt-bike for winter commuting (and for wife to ride with me) or throw it away? One year ago I moved to Boston and my father-in-law gave me his old Specialized mountain bike. He is a road bike guy so this bike was left aside for the longest time. It was in a decent shape. The only money I spent on it was for some lights, one tire and two tubes. I commuted to work (3 miles total) every single day: with sun, rain or snow. But (unfortunately) I didn't take care of it at all. And now the bike is in a really bad shape. Chains, front/rear derailleurs and cassette are all SUPER rusty. And both breaks are also gone. For my birthday I bought a new bike (Specialized Sirrus Comp) but I don't want to ride it in the snow.

So I decided to restore the old one. The idea was to slowly restore this bike with decent parts, ride it during the winter and take care of it, and after that, I'd have a spare bike that my wife could use.

First step: brakes. They were REALLY bad, so I bought new v-brakes from Amazon (Shimano Acera Mountain Bicycle V-Brake / $23) and I tried to install them. It didn't go well because I also need new cables. Because of that, I got really frustrated and I completely disassembled the bike and there's no turning back.

Here is my question: should I do that or not? This is the list of parts I will probably have to buy in order to put the bike back in the streets:


Shimano Brake Cable and Housing Set - $14
Shimano Stainless Steel Shift Cable - $9
Shimano Tourney 6/7-Speed Mountain Bicycle Rear Derailleur - $13
Shimano FD-TX50 Tourney Front Derailleur - $11
Shimano Tourney Shift Lever SL-RS45 - $16
New chain - $10


Am I missing something?? I should probably buy new wheels but I can certainly wait.

So the total cost would be: $96. The (ideal) final result would be an old but decent Specialized frame (it's the only part that's not rusted) with brand new entry-level Shimano parts. This sounds better than a department store bike.

Is it stupid to do that considering I have no idea how to put everything back together (Youtube will help me)?
Two questions here - restore an old bike and what bike for your wife. 

Lets deal with the easy one - an old Specialised will be a better bike than a department store one. If you need much more gear to be replaced, consider looking for a donor.  Add another $100 to you list for things that might need doing - like new cluster and chain rings, brake pads etc. Strip and repack wheel bearings and headset and you are probably good to go. From the sound of it though, a second hand bike might be a better option, as the deterioration that requires those parts replaced almost certainly means other parts are on their last legs. Cannot tell for sure without seeing it.  

Next one - What bike should your wife ride - that depends on your relationship. 
I see this all the time- Fit, active strong guy out on the trials riding a multi-thousand dollar ultra efficient lightweight bike miles ahead of his partner who clearly does not live breath and dream cycling like he does and is nowhere near as fit. She is struggling on an old beater her partner would not be seen dead riding, miles behind, exhausted and close to tears.......

If you don't like your wife, and/or want to be sent our riding on your own with her blessing, give her the beater. 

If you like your wife, and/or would like her to like you, enjoy riding and spend quality cycling time with you, give her the nicest bike and ride the beater. If she gets to like riding, you can buy her a nice bike that fits her properly. Play you cards right, you can buy her a better bike than yours, and when you go out solo - ride that...... 

(Presumption I have made is that the bikes fit both riders.  My wife and me fit the same frame size. I have two seat posts and seats for "her" bike - one set up for for her, one for me.....)