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No, Accordingly, Schwinn Did make The Cruiser Deluxe in 95 right along with the repop Phantoms yet were not issued, as it seems, until late 1995- early 96.
Both, the Phantoms and Cruiser Deluxe were announced at the same time. There does not appear to be any documentation, on the net, of either until 96. How to tell the difference? Got luck wit dat as all the frames are suposta be 1995 Centennial and so, The head badges are your only clue. Mine is a 97 black head light color, . Red head light color is suposta be 96 and so, maybe if anybody finds the earliest, 95 is a black? Whelp, since Schwinn seems to stick badges on em too 1999, who TF knows?
One thing fer sure though, It's a hell of a lot harder to find a Deluxe Cruiser and this front fender and or any special Deluxe Cruiser specific parts for it than any thing made for the repops. I.E. If there were, say, 6,000 parts exclusively made for Black, red and green Phantom to insure a quantity of spare/replacement then, there is likely only 1/5th and less of the quantity made exclusively for the Deluxe.
The tank, and fender guard stickers, Front fender and apparently 2 different types of deluxe saddles, 95-98-ish and 98-2000.
In due time, were I a hoarder and time to wait, I could imagine they are parts that will become extremely hard to replace.
This deluxe fender is also, albeit U don't have a light bucket on em but, the only repop fender made to fit the 1955-1959 Black Phantom, 'New style' Springer fork.
All the post, 2000 Deluxe fenders fit 'new Style'' post 55 springers but are not as wide as the Deluxe pre- 2000 and Centennial Phantom's fenders are.