From Instructables.com is a handy step-by-step guide on how to restore an old bicycle.

The rebuild guide includes a list of tools and equipment you’ll need and pictures of each step.

I’ve never been lucky enough to find a discarded bike in the trash or a cheap one at a garage sale but I know people who have and they end up with a nice machine at very little cost.

Not a bad way to roll.

Check out the full article: Restoring a Vintage Dumpster Bike.