In the beach communities of San Diego people get around on either bike or skateboard. I was warned about the phenomenon of "Upgrading", the process whereby one bike owner sees a bike nicer/shinier/less flattened-of-tire than their own bike and simply "upgrades" by taking nice shiny bike and leaving less desirable bike in its stead. When it came time for me to buy a beach cruiser I decided to buy the least desirable bike imaginable to avoid this scenario, a rusty 1980-something blue Murray beach cruiser. It has worked wonders thus far. Minus the incident with the tire blowing up in my face and rupturing my ear drum when i bought it, necessitating a $100 new tire addition to my bargain $40 bike and three weeks no going in the ocean. To make the bike more appealing to myself I decided to spiff it up with a little elbow grease.
$5 buys a bag of steel wool and a can of WD-40 or equivalent spray or drop lubricant.
Simply apply a little lubricant and start to polish. In a few minutes all rusted surfaces will be gleaming again. Wipe with rags/newspaper periodically to clean off grease/rust grime. This works great on handlebars, frames, wheel wells and spokes, etc.
Here's the clincher though: spray with a rustoleum-type antirust coating from a spray can when done. This additional $5 step will prolong the life of your de-rusting job. This is particularly necessary in high humidity/salt environments. Like living on the beach and parking your bike outside. Let's just say I didn't think about this aspect originally and now Murray Bike is 100% safe from potential Upgrading. If kept in a garage, rustproofing less necessary.
A run-down of what
cheap Murray Bike cost me:
$45 ugliest bike on the block
$100 new tires
1 blown ear drum
$15 U-lock so no one steals ugliest bike on the block
$10 home-made de-rusting kit
$10 fabric cleaner to remove rotted rubber marks from car upholstery after having to load bike when tire blew up in face
$40 Dorothy from Kansas style detachable bike basket (actually quite handy for grocery runs)
**UPDATE**
Murray Bike has been UPGRADED!
But not in a bad way...phew! Outlandish gas prices, expensive lab parking and loss of primo parking spot, as well as looming U.C. pay cuts means Murray Bike has been upgraded to weekday commute vehicle from occasional use weekender. In the mornings I race furiously up the boardwalk/bay walk trying not to run over tourists sipping their morning lattes, strollers, small dogs. race race race, got to make the bus. Get to bus stop, jump off bike, forget I'm wearing heels, stumble (this is a regular occurrence), try to get key to work in lock (can you rust-o-leum a U-lock?), maniacally attach bike to nearest metal post object, kick, swear, sweat, scramble to bus stop. Hop on bus for 45! minute ride around the Cove and up the hill... But I love it. I missed the bus and Metro in DC, people watching, sight-seeing, actually reading books. Maybe it's time to subscribe to another magazine. Biking/busing/adding an extra 45 minutes to my commute actually makes life more peaceful. hm. Only downside...ride doesn't take me past Bunny Farm.