The bottom line here:
This is a decent bike for the price really, but unless you are a "gearhead" and you already have the tools to BUILD your own bicycle you will need to take it to a pro shop before you can ride it.
I dig the "fixie" bikes because I hate having to shift on a bike. I also like the rack on the back; it's got about a 30 pound weight limit before you start to warp the rack frame, so don't put anything crazy on but it works. I even like buying bikes from Walmart because the price is so much lower than anywhere else. However, buyer beware... you get what you pay for and the converse is also true, you don't get what you don't pay for. If you buy it and have it shipped to your house, or if you have the Walmart team assemble it for you, there is something you NEED to know before you ride it. If you order it in the box, it looks like it's half-assembled, and if you buy it in the store they screw all the pieces together... but either way NONE of the bearings are greased when you get it. So, you will either need to immediately take it to a pro bike shop to have the bearings greased, or get a bunch of tools together and grease it yourself. Otherwise you will do PERMANENT damage to the bearings and they could seize up and the bike will throw you off. Even if you don't get tossed and injured, unless you take care of this before you assemble the bike you will need to replace it within a year. If you do this properly, and repeat it every 12-15 months, the bike will last you a long time #as long as you can avoid chipping the paint#. The same is true of any bike.
So, when you get the bike you need to dissassemble it entirely so that you can get to: the rear hub/axle bearings, the front hub/axle bearings, and the bottom bracket bearings #behind the big sprocket gear that the pedals attach to#. You should also grease the front fork assembly, where the forks attach to the frame just below the handlebars, to make steering MUCH easier. All of these parts require a thick grease #usually lithium based#, common household oil is NOT good enough. If you're a true perfectionist, you can even consider lubricating the bearings in the pedals but I am not sure if they are the type that you can open and grease yourself... I just never bothered to look. Anyway, unless you're a "gearhead" it's easier to take it to a pro shop for this. Tools you need to do it yourself: various hex wrenches, a few allen key wrenches, phillips and flat screwdrivers, adjustable wrench, pliers, and if you're doing the bearings you also need Lithium grease for all the parts I mentioned, household oil for other sections that are meant to move, and some special cone wrenches for the bearing assemblies. My advice: do the bearings yourself #it's cheap and not super hard# but if you've never done it before get a bike maintenance book to teach yourself how. Oh, and remember to clean any old grease out before you put new grease in, and DO NOT LOSE the ball bearings. Maybe have a plastic cup or tupperware handy to hold your ball bearings while you work.
Another minor issue with this bike is that you might want to invest in some touch-up paint. The paint chips and flakes off VERY easily, and once the steel is exposed it will rust quickly unless you re-paint it. Nail polish also works but it just looks stupid; a shiny spot against the matte black paint job.
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