This bike retailed for $650 when it was new, and it is still like new. It has always been kept in the garage and has only been used a few times in the past several years. With inflation it is probably worth even more. It currently has commuter/hybrid tires, but can easily become a mountain bike if you put mountain bike tires on it. This is a really good looking bike, and I recently took it to the bike shop to get the shifters and derailer fine-tuned.