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Sounds like a fun project. I've had a great time with the four CX/GL500's that I've owned.



Regarding tool purchases, I recommend Sears Craftsman or better quality tools. One rounded off or snapped off bolt head due to Walmart quality tools will ruin your entire week. Fixing up these bikes doesn't require that many tools so you should have cash left over from your $4000 budget. Good luck!
 
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