This thread bump was timely... I just had my roughly annual Total Bike Breakdown. My everyday bike is almost 20 years old, at least the frame is. Everything else is cobbled together from parts pinched off other bikes or bought used for very little. I patch things together but, about once a year things start to feel their age. Today it was the rear wheel. I parked my bike, attached the trailer to go grocery shopping, and suddenly the rear wheel seized up. I unhooked the brakes just to get to the store and back, but once I'm back, sure enough the rim has split.
At least I can say I use things until they're well and truly ready to die!
Winter riding is much less about badassery and much more about bundle-uppery. - malkin
1995 Kona Cinder Cone commuterFrankenbike/Selle Italia SLR Lady Gel Flow
2008 white Nakamura Summit Custom mtb/Terry Falcon X
2000 Schwinn Fastback Comp road bike/Specialized Jett