Peloton has revolutionized the home fitness experience, offering immersive and engaging workouts. If you’re considering bringing a Peloton into your home gym, understanding the cost is a key factor. This guide breaks down the expenses associated with Peloton bikes and other equipment, helping you make an informed decision.
Peloton Bike Costs Breakdown
Peloton offers a range of equipment to suit different fitness preferences and budgets. Here’s a look at the cost for a Peloton bike and other popular products:
Peloton Bike
The original Peloton Bike starts at a price of $1,445. For those seeking budget-friendly options, refurbished Peloton Bikes are available from $1,145, offering a lower entry point to the Peloton ecosystem.
Peloton Bike+
Stepping up from the original Bike, the Peloton Bike+ is priced at $2,495. Refurbished Peloton Bike+ models are also available at a reduced cost of $1,995. The Bike+ offers enhanced features and a more premium experience.
Peloton Tread
For users interested in running and cardio workouts, the Peloton Tread is priced at $2,995. This treadmill provides Peloton’s signature immersive workout experience for runners and walkers.
Peloton Row
Expanding beyond cycling and running, Peloton also offers the Row, a connected rowing machine, for $3,295. This machine brings Peloton’s engaging workout format to rowing enthusiasts.
Financing Options for Your Peloton
To make Peloton equipment more accessible, financing options are available through Affirm. These options allow you to spread the cost over time with monthly payments.
Affirm Financing
Affirm provides payment plans that can significantly lower the upfront cost. For example, the Peloton Bike can be financed for as low as $120.42 per month over 12 months with 0% APR, based on the $1,445 price. Similarly, the Peloton Bike+ can be financed for as low as $207.92 per month over 12 months at 0% APR, based on its $2,495 price. The Peloton Tread and Row also have financing options, making them accessible with monthly payments of $249.59 and $274.58 respectively, both over 12 months at 0% APR. Refurbished models also qualify for financing, further reducing the monthly cost.
0% APR and Other Rates
It’s important to note that while 0% APR is often available, your actual rate could be 0% APR or 4.99% APR based on your eligibility. A down payment may also be required. Financing is provided by Affirm’s lending partners, and you can find more details at affirm.com/lenders and licensing information at affirm.com/licenses.
HSA/FSA Payments
Another payment option to consider is using HSA/FSA funds. Peloton allows you to use these health savings accounts to purchase their equipment. To check your eligibility, select “Pay with HSA/FSA funds” at checkout, which will redirect you to Truemed for qualification. Qualification and reimbursement eligibility are determined by Truemed and your HSA/FSA plan administrator, respectively, and are not guaranteed. More information can be found at www.onepeloton.com/truemed.
Additional Costs to Consider
Beyond the initial equipment cost, there are a few additional expenses to factor into the total cost for a Peloton bike and other equipment.
Peloton Membership
To access Peloton’s vast library of live and on-demand classes, a Peloton All-Access Membership is required, costing $44 per month. This membership unlocks the full Peloton experience and is essential for engaging with their fitness content.
Accessories and Delivery
Accessories such as cycling shoes, weights, and headphones are sold separately and can add to the overall cost. Delivery fees may also apply, especially outside of the continental U.S. These costs should be considered when budgeting for your Peloton purchase.
Conclusion
The cost for a Peloton bike and other equipment involves several components, including the initial purchase price, potential financing costs, membership fees, and accessories. Understanding these costs is crucial for making an informed decision about investing in Peloton for your home fitness needs. By considering the different models, financing options, and ongoing membership, you can determine the best way to bring the Peloton experience into your home gym and achieve your fitness goals. For the most up-to-date pricing and offers, always refer to the official Peloton website.
