How much did you say you paid for it? I made my Trackers from old discards from the tip.
I know all about bikes from the tip...
I've got 7 bikes at the moment. 6 of them came from the tip. They include a Colnago, which cost £1, now a fixie. A Holdsworth mtb - now a 'tracker' £5, A Dawes Super Galaxy £4 (did LEJoG on that one), a moulton (£2), a tandem (free) and my lovely Carlton (£5). My wifes, kids and many of my friends and work colleagues and their kids bikes came from the tip too. I gave 15 complete bikes, 8 frames and a transit van full of spares, all from the tip, to Bike Rescue. Your point being...?
The Pompetamine is my first new bike, bought through Cycle to Work. I love it. I love my 'tip bikes' too. But it's nice to have a modern one where everything works as it should! Worth every penny.