All multi-tools are not created equal, but most with a plethora of features will get plenty of the jobs done. I personally like, and use often, the Lezyne RAP-21 LED tool, which will run you around $30. I like it because not only is it a high quality construction, but it has just about everything you’ll need, plus a sweet mini light. This will give you a chain breaker, spoke wrench, disc brake wedge, and all the most often used Allen keys and drivers. We’re talking a decent number of tools for 1/4 of what they would cost buying them separately.
Bike Radar gives the Pedro’s levers 4.55 out of five stars and claims they’re the “best out there.” (Can we pause to admire the extra five hundredths of a star the site chose to award it? Very specific.) Aaron Gulley, writing for Outside, states, “I can’t count the number of times I’ve snapped cheap plastic sticks, shredded my hand in the process, stomped around cursing in pain for 10 minutes, and then, insult to injury, been tool-less and unable to get my tire off anyway. That will never happen with Pedro’s.”
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These guys are awesome. After work, I got to my bike to discover my back tire was completely flat. It had a slow leak, so I was able to pump it up enough to make it to their shop. I got there 10 minutes before closing and they were able to fit me in. They replaced my tube and picked all of the glass shards out of my tire. Awesome customer service and they saved me from having to do this myself in the dark and the cold.
Otherwise, this tool should serve the average commuter well. Specifically, we think you’ll find the size 4, 5, and 6 hex keys, extremely common sizes in bicycles, very helpful. They’ll adjust seat-post heights or let you remove the saddle entirely, or tighten a loose stem that’s always rattling apart. The Phillips head will tighten loose bolts on shoe cleats or the rear derailleur. The most common use for the torx would be adjusting disc brakes if you have ’em.
Basic first aid supplies: A few bandages of varying sizes. 6 Aspirin, or other OTC painkiller of choice. A few alcohol pads in sealed foil packs, useful for cleaning grease off grease and grit off of the bike, and also cleaning cuts on yourself if you take a spill. 1 day supply of any prescription drugs you need to take regularly. Wrap these up in tinfoil and tuck away. It might just save your day.
But before I get started, let me share with you a few tips. OK, one tip: Get a work stand. Because putting your bike upside down isn’t good for it—yes, I said it. When I first started fixing my own bikes, I couldn’t afford a fancy $300, folding, magnetic, fixes-the-bike-for-you stand. I tried piecing together a “DIY $30 Stand.” I followed all the directions that the Internet demanded, and once I’d bought all the clamps and pipes, this thing cost really more in the neighborhood of $60—but it only stayed upright with a rope tied to something sturdy in the garage. It was one word: junk. So I bit the veritable chainring and charged a decent stand on my credit card (I hate debt, folks).
Modern bottom brackets use a sealed bearing type construction that keeps water and debris locked out, so they seldom go wrong. Maintenance is impossible so they need replacing when they do wear out. Older style cup bottom brackets need to be re-greased every now and again, and occasionally will need to have their bearings replaced. There are a lot more teeth on the chainring cogs than those on the rear cassette, so need changing less regularly. Cranks usually a solid one piece construction so there is not much to go wrong.