Well, I've decided to finally take the plunge and get a decent bicycle. I'm looking to spend no more than $500 on the bike itself.
What I'd like is a very durable bike with a classic looking frame (no suspension, etc.) that will be able to handle daily use on the roads - no need for a "mountain bike", but I do live in Colorado so it has to have some functionality on hills. Mudguards, carrying rack(s), and relatively large tires. If at all possible, I'd like to stay away from lightweight alloy bikes and get one made from steel tubing.
What brands should I look at? Are my desires for these features while still staying in my budget unobtainable?
Edited to add: So far, the closest I've found to what I want is the Rat Rod by Electra, but it's an alloy frame and has no carrying racks. It does seem to have a good looking frame, regardless, and also has good sized tires. Is there a way to add a carry rack to one of these and still stay within my budget?