I've just purchased a vintage bike (from the 1970's), and I have no idea how to go about cleaning it, making it look presentable, etc. I know absolutely nothing about bikes. The bike is in decent condition, the paint is chipped off in some parts and some dirt has built up pretty heavily on certain areas. There's rusting on the springs under the seat, which can also shift from left to right. The chain is pretty dirty but looks like it works fine. Also, is there any way to lower the seat, even after I've adjusted to the lowest position possible? I'm 5'3 and the bike still causes me some slight discomfort because of its height. Any advice at all is greatly appreciated.
P.S. I'm on a tight budget.
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