This bike has spent its life inside most of its life and is virtually rust free. The paint is in very good shape with some chipping through out. Decals are in great shape with a little damage on the upper “checkered flag” on the seat tube. This bike is close to 100% original except for the saddle. It has new tires, inner tubes, brake pads and lubed through out. I have put 100+ miles on and it rides fantastic. Just like steel framed bikes do. Check out the pictures and I am sure you will be impressed on the condition of this bike.