Hey, that's like looking at a picture of my bike.
I have a mid-'80s entry level Fuji Regis that looks identical to that Bike--even down to the color. It doesn't look like Fuji changed much on their entry level bikes from 1978 - ~1986 except for maybe the name. Mine still has all of the original parts, outside of some new handlebar tape. This was the first bike I bought as an adult, and my husband has an identical one.
I hadn't ridden this bike for about 10 years and took it into the shop for a tune-up this summer, so I could use it as a back-up/trainer bike. I asked about putting brake hoods on and possibly removing the extension levers on the brakes. The guy at the bike shop said that it would end up costing me more than I wanted to spend. Since I really didn't want to spend much on it, I took his word for it. I need padded gloves to ride on the hoods--and I find that my hands often end up resting on the bars just behind the hoods.
And yes, the handlebars are narrow! I never even thought about changing the handlebars. Is that expensive?



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