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When my low-cost Amazon spin bike broke, I wished to improve to one thing higher. However despite the fact that I used to be already following together with Peloton movies on the corporate’s app, I assumed getting an precise Peloton was out of attain. But as I shopped, I started to alter my thoughts: Even a great off-brand spin bike will begin within the excessive triple digits, and it seems Pelotons may be rented, and even bought used. Thus started my quest for a less expensive Peloton, and ultimately, I purchased a used mannequin I’m very proud of.
Mine value $950 by a Fb Market sale in 2022. If I had taken the time to buy round and negotiate extra, I possible might have discovered one for much less. (Used Pelotons are additionally rather a lot cheaper now than they had been then.) However earlier than I might discover a bike to purchase, there have been loads of questions that wanted answering. Let me take you on a tour by my procuring course of.
The distinction between the Peloton Bike and the Bike+
Earlier than you begin procuring, you’ll have to know in order for you a Peloton Bike, or a Peloton Bike+. The Bike is what you most likely consider as a traditional Peloton; the Bike+ has some extra options and prices about $1,000 extra (new). I knew initially that I wished an everyday Bike, in order that narrowed down my procuring.
I put collectively a full information to the variations between the Peloton Bike and the Bike+, however the greatest variations between the 2 fashions are:
The Bike+ has its touchscreen on a swivel, so you are able to do power or yoga lessons subsequent to the bike, as an alternative of getting to face behind it and crane your neck to see over the seat. That stated, an All-Entry Peloton membership additionally permits you to watch power and yoga lessons out of your telephone or one other gadget, so it is a nice-to-have, however not a necessity.
The Bike+ can mechanically alter the resistance as you observe together with a category. With an everyday Bike, you need to hearken to the teacher inform you what resistance to make use of, and switch the knob your self.
The Bike+ has a barely bigger touchscreen (24 inches versus 22 inches) and a nicer sound system. It additionally has nicer parts all through, together with a quicker processor and extra RAM.
Do you need to pay a subscription payment to make use of a Peloton?
Peloton’s Bikes are supposed for use with an All-Entry subscription. It prices $44 per 30 days and offers you entry to spin lessons of all sorts, scenic rides, and Lanebreak rides (Lanebreak is actually a online game you play by using the bike). As famous, the All-Entry subscription additionally comes with the power to take lessons from the Peloton app utilizing your telephone or different gadgets.
In case you don’t have a subscription, you may nonetheless use the Bike in “Simply Experience” mode, which reveals you a plain black display screen and a few fundamental metrics: your cadence, resistance, output, and time. You possibly can even use a tool referred to as the DFC to broadcast knowledge to watches or third-party apps. So if you happen to simply need to get a exercise in, however you don’t care about consuming Peloton-branded content material, you may nonetheless try this with out paying a month-to-month payment. (In that case, although, you’d most likely be higher off shopping for a non-Peloton spin bike.)
How a lot you may pay for a used, new, or refurbished Peloton, or simply renting
The entire costs I talk about on this part are present as of April 2025, and are topic to alter.
Used Peloton bikes range wildly in value and high quality. Some are gently used and include equipment; others could also be cheaper however have vital put on and tear. I’m at present seeing asking costs from $400 to $850 for the usual mannequin Bike, and $900 to $1,200 for the Bike+ (subscription not included, after all).
New Peloton bikes run $1,445 for simply the Bike, or $1,650 for a “Starter” bundle that comes with footwear, hand weights, a water bottle, and a mat. (The Bike+ is $2,495, or $2,700 with the Starter bundle.) Each choices embrace supply and setup, and a 12-month guarantee. They don’t embrace the $44/month All-Entry subscription that you just’ll have to take the platform’s well-known video lessons. Peloton bikes have additionally been on steep reductions these days throughout main gross sales occasions, going as little as $1,095 final Black Friday.
Peloton Bike leases run $119/month for the Bike+ (unique Bike leases usually are not at present obtainable), plus a one-time $150 supply and setup payment. The rental features a pair of biking footwear and the subscription payment for video content material. There’s additionally a guaranty for the lifetime of the subscription interval.
Peloton licensed refurbished bikes are at present going for $1,145 for the Bike, and $1,995 for the Bike+. Each are a major financial savings in comparison with paying full value, however greater than a used Bike. In any other case, the phrases are the identical as new bikes: The guarantee and supply payment are included; your All-Entry subscription isn’t.
As you’d anticipate, used Bikes are cheaper than refurbished, and refurbished is cheaper than new. The place do leases fall? We have to crunch some extra numbers to see.
Is renting Peloton a greater deal than shopping for new or used?
I thought-about a rental earlier than I began looking for used Bikes. In case you don’t know whether or not you desire a Peloton in any respect, or if you happen to’re planning on a transfer quickly, the rental is perhaps price it. Peloton will ship somebody to come back choose up the Bike, at no cost, if you happen to determine you don’t need it anymore. Leases could also be new or refurbished—Peloton sends you no matter it has, though it guarantees the machine will probably be in good situation, even when it has a couple of dings or scratches. There are alternatives to hire each the Bike and Bike+. Beneath, I’ll talk about pricing for the common Bike.
What it’s good to learn about renting a Peloton
You’ve got the choice to purchase your rental at any time, and the worth varies based mostly on how lengthy you’ve been renting. In case you determine to purchase the Bike+ the second it arrives, it’s going to value you $2,345. At that time you’ll have already paid the $150 supply payment and possibly your first month’s $119 rental payment, that means the Bike will successfully value $2,614—slightly greater than the complete value of a brand-new Bike. (Do not forget that your rental Bike is perhaps a brand new Bike, however it may also be a refurbished mannequin, which sells for much less.)
As time goes on, the deal stays about the identical: After a yr, the buyout value is simply $1,995, however you’ll have already paid $1,578 in rental charges (together with the supply payment). That’s $3,573, however you’ve saved $44/month on the All-Entry subscription all alongside. While you take that under consideration, you’ve paid the identical quantity, in whole, as if the Bike had value $3,045 within the first place. Not a great deal.
Which means shopping for a brand-new Bike+ at full value is a greater deal than renting, regardless of when or whether or not you determine to purchase out your Bike+. After I’d accomplished these calculations in earlier years (when the Bike was supplied within the rental program), the prices had been a lot nearer. Now, the rental program is clearly the more serious deal. I would not suggest renting now until you understand you will not be utilizing the Bike+ long run. In case you’re planning to maneuver quickly, or just anticipate to lose curiosity, the free pickup on the finish of the rental time period could also be price the additional value.
Are used Peloton Bikes a great deal?
I ended up shopping for mine used, so I’d say they undoubtedly are. Nevertheless it is determined by a couple of elements.
The very first thing to think about is resale value. After I was looking for mine, $950 was a superb deal in comparison with the brand new, rental, and refurbished costs. Since then, costs have dropped on the used market and gross sales on new Bikes have been occurring extra typically.
For the second, at the least, costs on used Pelotons are nonetheless excessive sufficient that you can get a major quantity of your a reimbursement if you happen to had been to determine to promote your Bike or Bike+. That was a giant a part of my calculus: A used Peloton doesn’t depreciate immediately like a brand new automobile. That stated, costs have been slowly falling. If I wished to promote my $950 Bike now, I would possible get $600 again at finest.
Moreover the worth, although, you would possibly need to take into account two different elements that can have an effect on how good a deal you’re getting if you happen to purchase used.
Used Bikes require a $95 activation payment
Yep, Peloton now fees you to purchase a used Bike (or Bike+) from another person. Used Pelotons are nonetheless a greater deal than shopping for new, however ensure you’re budgeting for that activation payment. To melt the blow, Peloton offers you a $25 credit score towards substitute components, and a 50% off coupon for biking footwear. (That stated, Peloton model biking footwear aren’t the best; it’s possible you’ll need to purchase your personal elsewhere.)
Used Bikes don’t include a guaranty
New and refurbished Pelotons include a 12-month guarantee that covers the touchscreen, components (together with pedals), and the labor to exchange them. If one thing breaks, you simply contact buyer help they usually’ll ship any individual out to repair your Bike.
The guarantee doesn’t switch to new homeowners. So even when the unique proprietor has had the Bike for lower than a yr, you don’t get the advantages of the remaining time on the guarantee. Nonetheless, if the unique proprietor bought an prolonged safety plan—which might last as long as 4 years in whole—these are transferable. Solely the unique proprietor should purchase this plan, and solely throughout the first yr they personal the Bike; you may’t purchase one your self if you happen to’re shopping for a used Bike. In case you’re shopping for used and the proprietor is transferring a safety plan, ensure that to get their order affirmation quantity, and don’t be stunned if the asking value is a bit larger than different used Bikes to account for the proprietor’s further expense.
With no guarantee or safety plan, you’re on the hook for any restore prices, together with labor. I needed to exchange the bearings on my Bike shortly after I bought it, and I imagine I paid Peloton round $45 to ship me the half I wanted. Fortuitously, it was straightforward to put in. On the opposite excessive, if one thing went unsuitable with the touchscreen, it might value $375 to exchange, labor not included.
Used Bikes could have put on and tear
A motorcycle is a set of transferring components, and if you happen to love your Peloton, you’ll put loads of miles on it. Which means loads of put on.
Peloton Bikes are typically fairly sturdy, and indoor bikes don’t accumulate as a lot harm as one thing you’d experience outdoors. Nevertheless it’s nonetheless price contemplating if you might need to exchange components. In case you’re shopping for a used bike, you’ll need to test these components for put on:
The pedals needs to be changed yearly, at the least based on Peloton, although most Peloton homeowners don’t appear to hassle. (They actually appear to final rather a lot longer than that, however the firm might be retaining in thoughts its 2020 recall in response to pedals that broke, injuring some riders.)
Talking of recollects, the seat put up on all Peloton bikes was recalled in 2023 as a result of it might break. In case you’re shopping for used, ensure that the proprietor has put in the brand new put up.
The bearings within the middle of the flywheel gained’t final eternally. You possibly can anticipate them to endure roughly a yr of standard use, though this may range tremendously. If a used Bike is a couple of years previous and hasn’t had them changed, that’s a restore that’s most likely due. When the bearings begin to go, the Bike will nonetheless be useful, however it’s going to make a rattling noise as you experience.
Beauty harm may be a problem. There could possibly be dents or scratches on a used bike, worn areas on the handlebars, and so forth. Refurbished Bikes could have minor beauty points; all bets are off relating to a used Bike.
When is a Peloton Bike too previous to hassle with?
Peloton solely has two fashions of bikes, which makes procuring straightforward. Each the unique Bike and the Bike+ have a big touchscreen that performs movies of the exercises and reveals you statistics about your experience.
The fashions haven’t modified a lot through the years, with one exception. The Technology 1 Bikes are now not supported; the software program of their touchscreens will now not be up to date. These Bikes have an orange energy button on the high of the touchscreen and had been manufactured earlier than September 2016.
So long as the used Bike doesn’t have that older touchscreen, any mannequin you purchase used goes to be principally equal to what’s on the market now. Be aware that a few of the Bikes in used listings could say “gen 1”, however so long as their touchscreen has the grey button on the again as an alternative of the orange button on high, they’re fantastic.
The place to seek out used Peloton Bikes
There are loads on the market on locations like Fb Market and Craigslist, and there are additionally Peloton-related Fb teams that permit members to put up Bikes on the market. Verify wherever you’ll search for used objects, like OfferUp and the native search choices on Ebay.
As with every sale on these platforms, be careful for scams. After I was shopping listings to replace this put up, I discovered loads of Bikes listed with a value of $129 and an outline that glowingly praised the location the place the vendor had initially purchased it. Yeah, that was simply an advert for that website—which turned out to not promote Pelotons in any respect, however haha! Made you look! In any case, ensure you’re coping with an actual individual, and don’t pay something till you’ve seen the Bike in individual and are positive you need to purchase it.
What to ask the vendor of a used Bike
While you’re a selected used Bike, Peloton’s historical past software (nonetheless in beta) might be able to inform you in regards to the historical past of a Bike or Bike+ if you understand the serial quantity. You will must ask the vendor for the quantity, after which cross your fingers and hope that it is one of many Bikes included within the beta program. Moreover that, listed below are some issues to ask to ensure you’re getting a great deal.
What do you assume to date? Publish a remark.
Are you the unique proprietor?
There’s nothing unsuitable with shopping for a Bike that has been by a number of homeowners, besides that it’s more durable to doc the place it really got here from. Peloton affords a historical past abstract software the place you may search for a selected Bike or Bike+, however it nonetheless would not help all serial numbers on it. (My very own used Peloton retains turning up a “not a part of our beta program” message, practically a yr after it launched this characteristic.)
Peloton recommends you ask the proprietor to indicate you proof of the unique buy. It warns that rental Bikes aren’t purported to be offered, and if you happen to purchase one, you gained’t be capable to activate a subscription on it. Make it possible for the Bike isn’t a rental; there have been scams the place a vendor reveals a purchaser a purchase order receipt, after which swaps in a rental when it is time to choose your Bike up. Verify that the serial numbers match.
This query may kick off a dialog about why they’re promoting the bike, and the way properly it has labored for them through the years. Which brings us to…
What number of rides has this Bike had?
There’s going to be a distinction in wear-and-tear between a Bike that was ridden a couple of instances versus a Bike that will get hours of use every single day. You don’t have to know the precise quantity, however it may be good to get a way of how a lot use the bike has seen.
The bike doesn’t include an odometer, however you may ask when it was bought and what number of rides the proprietor has accomplished on it. (Their Peloton profile will inform them what number of rides they’ve accomplished, however do not forget that they might even have members of the family who experience as properly.) If the Bike you are present up on Peloton’s historical past software, it ought to be capable to offer you this info as properly.
Have any recalled components been changed?
Peloton Bikes’ seat posts (however not the Bike+) had been recalled in 2023. Though the rollout was gradual, everybody ought to have gotten their new ones by now. You possibly can test whether or not the seat put up is the most recent sort by trying on the bottom-most measuring line on the put up.
Whilst you’re at it, test whether or not the pedals have an orange Peloton brand. In that case, they had been a part of the 2020 pedal recall and may have been changed.
That is additionally a great time to ask about repairs, basically. Has something damaged, and if that’s the case, was it fastened and when? Does the Bike have any ongoing issues?
Can I experience it?
Hop on the bike (don’t fear in regards to the footwear for now) and switch the pedals. Do they transfer easily, with out clanking noises which may point out dangerous bearings? Does the large purple resistance knob flip easily back and forth? Does the display screen have any chips or cracks?
Peloton additionally recommends checking that the adjustment levers and screws transfer easily, and that there aren’t any indicators of over-tightening, like cracks. Verify that the facility cable is in fine condition, and that the bike is clear and seems well-cared for.
Easy methods to transfer a Peloton
In case you determine to take the Bike house with you, proceed rigorously. These suckers are heavy, weighing about 140 kilos. Most of that weight is within the flywheel on the entrance, so concentrate on that when carrying it with a accomplice.
Peloton has a information to transferring Bikes right here. Importantly, you’ll need to take away the touchscreen first. I wrapped mine in towels and put it within the entrance seat of my automobile; the remainder of the Bike went within the again. Peloton additionally recommends taking off the water bottle holders and the cage on the again that holds the dumbbells. Decrease the handlebars and seat to their lowest place, and tighten all of the adjustment levers so nothing strikes in transit. I didn’t take away the pedals, however Peloton says you must.
Easy methods to switch a Peloton to a brand new proprietor
Peloton recommends doing a manufacturing facility reset on a Bike earlier than it modifications fingers. Go to Settings > System > Manufacturing facility Reset. While you set your Bike up at house, observe the prompts on the display screen to register the Bike and arrange your new subscription.
If you have already got a subscription to the Peloton app, ensure that to cancel it; that doesn’t at all times occur mechanically.
What else you may want to purchase to take pleasure in your Peloton
You’ll need biking footwear. They don’t must be Peloton model (the usual Peloton footwear sort of suck, if I am being trustworthy), however they do want Delta LOOK cleats to suit the pedals. That stated, you may exchange the pedals with one other sort if you happen to choose. In case you plan to experience rather a lot, padded biking shorts are additionally a good suggestion.
Peloton’s biking lessons generally contain small handheld dumbbells; these ought to come together with your bike. If you wish to do the power lessons, although, you’ll need larger dumbbells. Peloton makes its personal branded dumbbells with sq. ends, however the exercises work simply as properly with any dumbbells you care to purchase from the shop.
It’s your decision a mat to place below your Bike to guard your ground from dripping sweat. You’ll possible additionally desire a towel, a water bottle, and possibly a coronary heart price chest strap to sync with the Bike (even my cheapo strap syncs simply fantastic).
Spin teacher (and Lifehacker options editor, we’re so fortunate) Lindsey Ellefson has a extra full information right here to the issues it’s possible you’ll need to choose as much as profit from your new Peloton.