I wouldn't have a clue, the bike frame itself is similar to the heavy old style cruisers that are now $350 and up at bike shops, in fact, it's bulkier looking than the high end Schwinn.
The front forks are worth at least $75 by themselves. And again, iirc, those tires were a premier type, maybe $20 each.
As far as using it daily for transportation, its is a friction model, I've never rode one more than the half mile I rode THAT bike. So you'd have to read the posts on that type system to get an opinion.