Almost exactly 5 years ago (wow!) I suggested that those looking for a city commuter bicycle in the $500 price range consider a refurbished vintage 3-speed, in leu of what was then available new for the same cost. My reasoning was, they would be getting a product both higher in quality and pleasanter to ride than the then-available alternatives.
Today, the economic landscape is changed from what it was 5 years ago. Nevertheless, the $500 figure remains amazingly stable as the budget those looking to buy their first city bike quote me. Luckily, the bicycle industry has changed as well. More options for budget priced city bikes are available now than there were 5 years ago. Is it still worth it then, to attempt going the vintage route? Here are my updated thoughts on the subject.