Peloton has revolutionized the home fitness experience, offering a convenient and engaging way to work out. If you’re considering joining the Peloton community, understanding the Peloton Bike Cost is a crucial first step. Peloton provides various options to suit different budgets and fitness needs, from the original Peloton Bike to the Bike+, Tread, and Row, as well as refurbished options. Let’s break down the costs associated with bringing a Peloton into your home.
The entry point into the Peloton ecosystem starts with the original Peloton Bike. You can finance this bike for as low as $120.42 per month over 12 months at 0% APR, based on a total price of $1,445. For those seeking an upgraded experience, the Peloton Bike+ is available for monthly payments starting at $207.92 over 12 months at 0% APR, based on a $2,495 price tag.
Beyond cycling, Peloton also offers the Peloton Tread, a treadmill designed for immersive running and walking workouts. The Tread can be yours for as little as $249.59 per month over 12 months at 0% APR, based on a price of $2,995. For rowing enthusiasts, the Peloton Row is available with monthly payments starting at $274.58 over 12 months at 0% APR, based on a total cost of $3,295.
If you’re looking for a more budget-friendly option, Peloton provides Refurbished Peloton Bikes. A Refurbished Peloton Bike can be obtained for as low as $95.42 per month over 12 months at 0% APR, based on a price of $1,145. Similarly, a Refurbished Peloton Bike+ is available for payments starting at $166.25 per month over 12 months at 0% APR, based on a $1,995 price.
It’s important to note that these payment options are provided through Affirm, and your actual APR could be 0% or 4.99% depending on your eligibility. A down payment might also be required. You can find more details about Affirm’s lending partners and state licenses at affirm.com/lenders and affirm.com/licenses.
In addition to the cost of the equipment, remember that a Peloton All-Access Membership is required to access Peloton’s vast library of classes and content. This membership is priced separately at a standard monthly rate. Furthermore, accessories such as cycling shoes, weights, and heart rate monitors, as well as taxes and delivery fees, are also separate costs to consider. Delivery restrictions may apply, and additional fees might be incurred outside of the continental U.S.
For first-time purchasers of the Peloton Bike, Bike+, Tread, Guide, or Row, Peloton often offers a home trial period. This allows you to try out the equipment for a specific period, and if you’re not satisfied, you can return it for a full refund within 30 days of delivery. However, it’s important to note that interest paid to Peloton’s financing partners might not be refunded. This trial is typically available in the 48 contiguous states, and full terms and conditions can be found at onepeloton.com/home-trial.
Peloton also offers the flexibility to use HSA/FSA funds for purchases. To determine your eligibility, you can select “Pay with HSA/FSA funds” at checkout, which will redirect you to the Truemed site. Qualification and reimbursement eligibility are determined by Truemed and your HSA/FSA plan administrator, respectively, and are not guaranteed. More information about Truemed and related terms can be found at www.onepeloton.com/truemed.
In conclusion, the Peloton bike cost varies depending on the model you choose, whether you opt for a new or refurbished option, and the financing terms available to you. Remember to factor in the cost of the All-Access Membership, accessories, and potential delivery fees when budgeting for your Peloton purchase. By understanding all the associated costs, you can make an informed decision and determine if a Peloton bike fits within your fitness goals and financial plan.
