cheap?

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ah yes, didn't know the history. By today's standard it's junk, $100 is fair. With that said, it's got just enough stretch you could replace the outdated electrics with modern stuff, you can get a rear wheel kit for about $300 and they make battery packs about that shape/size with modern lithium/manganese cells too. The brakes wouldn't stop anything faster than 24volt though...
 

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