My touring bike is going to be heavier because the tubes are thicker for more strength, plus I have the standard Tange Hi tensile steel fork instead of the lighter ones put on the more upscale racing bikes or even the 2 better Voyageur touring models, which is why the lightest Tenax framed bike is just 22 pounds. I'm not sure if the weights are exact for those other models but I do know for my bike it was about pound heavier than the 25 pounds listed in the specs but that may be due to mine being a larger size, the front wheel is a 40 spoke rim instead of a 36 that was suppose to be what the factory put on, and mine was weighed with a Brooks saddle, bike computer, and 3 water bottle cages (which the last two don't amount to much weight but it all adds up), however my tires are lighter than the original by about 100 grams each, and I have to weigh the Avocet but I assume the Brooks is a bit heavier; the exact weight was actually 25.8 pounds, I just rounded it off.
I would have jumped like a grasshopper to get that Peloton...of course it had to be my size as well. Those were sweet bikes, I had a friend years ago that was my team that had that bike, I never got to ride it because it was too small for me, but he really liked it, said it was the best bike he had ever bought. According to the specs it weighs 20 pounds, my Trek 660 with all Superbe stuff weighs 21 pounds but of course mine is a larger frame bike then what Schwinn used to get the 20 pound rating, but it's possible the Schwinn may have been a tad lighter than the Trek. I wouldn't mind finding one of those for sale especially for the price you mentioned but those are rare finds considering crappy Varsity's and it's crappy siblings go for $50 to $75 around where I live.
I would have jumped like a grasshopper to get that Peloton...of course it had to be my size as well. Those were sweet bikes, I had a friend years ago that was my team that had that bike, I never got to ride it because it was too small for me, but he really liked it, said it was the best bike he had ever bought. According to the specs it weighs 20 pounds, my Trek 660 with all Superbe stuff weighs 21 pounds but of course mine is a larger frame bike then what Schwinn used to get the 20 pound rating, but it's possible the Schwinn may have been a tad lighter than the Trek. I wouldn't mind finding one of those for sale especially for the price you mentioned but those are rare finds considering crappy Varsity's and it's crappy siblings go for $50 to $75 around where I live.