Peloton recently announced that you could now finance the purchase of a new Peloton bike. Is it a good deal? Here are my thoughts:
Buy Without Financing: As detailed in my earlier Peloton App blog purchasing a Peloton bike without financing costs about $3,000 when you add in delivery, $468 class subscription fees for the first year ($39 per month), $125 for clip-in shoes, exercise mat, etc. Way outside of my budget.
0% APR Financing: While a 0% down APR sounds like a great detail, the devil is in the details. For qualified buyers, Peloton allows you to make 39 monthly payments of $64 for the Peloton Bike+ or $49 for the Peloton Bike (the original). In addition to the cost of the bike, shoes, etc. to qualify for the 0% financing you need to commit to a 39-month class subscription of $39/mo. totaling $1,521. By my math the grand total over the 39-month period will be almost a $4,053 – $4,455 commitment when you add all the extras.
You’ve asked and I answered. With permission from Peloton App User #Libow, I’ve posted a comprehensive review of 40 different spin bikes to use with the Peloton App to help you create your own Peloton hack. This list includes everything that you need to know to help you decide which at-home spin bike is best for you and your budget. I wish I had something like this when I was deciding on my first spin bike (and the inspiration for my original Peloton App review).
As for me, you all know that after taking 500+ rides on my very affordable Sunny SF-B1002 that I recently upgraded to a beautiful Keiser M3i. I found this information very helpful in making my purchase decision.
Read on to access the spreadsheet.
My Peloton Bike Hack! How I saved $2,400 by using the Peloton App with a less expensive bike! Learn how…
This 8-week hybrid workout will help you mix up your workout and get your body in bathing suit shape.
Because I would never want to abandon my Peloton APP rides completely, I’ve created a Peloton, Insanity MAX 30, and LIIFT 4 hybrid workout calendar. This hybrid workout is not for the faint of heart but it’s a great action-packed workout in under one hour.
UPDATE: It is a doozy!
I have some exciting news! Equinox recently announced that starting this Fall, they will launch a digital fitness platform. This digital fitness platform will include classes and content from its family of brands, including SoulCycle and Precision Run! The new platform will integrate live and on-demand content (pre-pandemic, the content was going to be from over 300 locations but I imagine that they have streamlined that a bit).
[Big update below]
The SoulCycle App
Hey everybody! I hope that everyone is staying safe, healthy and sane.
I decided to bring a little fun into my home gym and bought a really fun disco ball for my Peloton rides. It is SO MUCH FUN! I turn down the lights, crank up the music and turn on the disco ball – the pattern of the lights change to the beat of the music coming from the Peloton App. It comes with a small remote that I keep with my bike.
I have added some pictures and videos.
I did it! 500 rides with my trusty Sunny Bike and the Peloton App (with the help of a global pandemic…). There were no shoutouts from the Peloton instructors, no balloons or fanfare but just a GIANT sense of accomplishment! I am SO happy to have hit this milestone. I am in the best shape of my life and have found a new community of friends along the way.
Now that I have hit the 500 ride milestone I have decided to upgrade my bike. My Sunny still works great but I have decided to buy something a bit fancier now that I have proven to myself that I am in this for the long haul. Believe me, the Sunny was well worth my initial investment – per my math, it came out to about $0.75 per ride! Not too shabby. Using your own bike with the Peloton App has a lot of advantages, price being one of them.
After a lot of debate between a Peloton and a Keiser M3i, please read on to see why I decided to buy the Keiser….
These are some incredibly stressful times. I hope that you and your families are safe, healthy, and staying sane.
Hi there! I get a lot of email asking me how I display the Peloton App classes to my TV. There are several ways and each has its pros & cons. I’ll share what I know and what I do:
I was just re-watched my ABC News interview and thought I would re-post. It was so fun to do and was all about using the Peloton App with my own bike, Wahoo sensors and phone holder.
Here is the interview in case you missed it!