I've been keeping an eye out for an older steel Schwinn. Is this bike worth getting to turn into a klunker? Is $100-125 too much to spend for this bike?Different areas have different values...and covid has messed up pricing considerably. For $250 for this era bike, I would expect a complete all original with somewhat serviceable paint/graphics. That bike has none of that. If I felt I had to have it, $100-125 tops.
If it was a Cruiser 5, Spitfire 5, or Klunker 5...value goes up quickly.