I have been having the bike for five years and it still works great. Maintenance has been done on chains and brake pads. The seat cover is a little broken but doesn't really affect anything. There were 7 speeds originally but right now it is a little hard to use speed 1-4. I usually use speed 5 and 6 on campus.
The bike has a basket so it is convenient for carrying stuff. A U-lock is also included.