Christmas is right around the corner and I predict that the Peloton bike to be this year’s No. 1 gift for home exercise enthusiasts. Although, I don’t know how they will sneak it under the tree – it’s like those Lexus commercials with the car in the driveway with the big red bow…
Peloton’s annual Christmas commercial went absolutely viral. Check out these articles:
- HuffPost: People Are Very Concerned For The Woman In Peloton’s Holiday Ad
- Variety: Social-Media’s Latest Exercise: Getting Worked Up Over a Peloton Ad
- Vox: Peloton’s terrifying new ad is the best horror movie in recent memory
Peloton is undoubtedly the leader in the spin-at-home movement but as we know, not everyone can afford to buy a Peloton bike and then pay its $39 monthly fee. (I can’t, that is for sure but it would be the best Christmas gift to ever receive…as long at they also pay the monthly fee.) That is where the genius of their Peloton App comes into play. For only $12.99 per month, you can access all of the same live and on-demand classes on their own less expensive bike. If you follow my blog, I’ve been preaching about how great the Peloton App is for a while now. It’s amazing.
If you are thinking of giving someone an exercise bike this Christmas but can’t go all in with the Peloton, there are many other types of bikes out there that can be paired with the Peloton App. I tried a bunch before I bought my Sunny and here is what I found.
If this is all too overwhelming, head on over to my brother-in-law’s Alternative Christmas Gift blog for some weird and wild stuff!
So grateful to Nina Pineda and ABC News “7 on Your Side Team” team for interviewing me about my low-cost Peloton App alternative. It was loads of fun! In case you missed it, here is the short video of my 30 seconds of fame.
Well, its been 6 months since I started my Peloton journey with my inexpensive Sunny bike and I could not be happier. I cannot say enough good things about the Peloton App.
I have lost weight, I am sleeping better than ever and I am much more energetic. The classes are interactive and communal but at the same time very intimate. Also, the instructors rock – they are very motivational, although I like some better than others.
I get a lot of email asking about how all the components of my “Peloton App Setup” are holding up so I thought I would post a review about some of the items that I recommended in my original post “My Peloton Bike Alternative; A Great Money Saving Hack.”
Here is what has worked well and what you can skip:
I am pumped. Peloton just announced the “Peloton Tread” – which they describe as a ‘private fitness studio in your own home both on and off the treadmill.’ Sounds pretty sweet. I already love the Peloton App and I think it just got even better.
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 $58 for the bike. This does not include the Peloton classes. 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 commitment when you add all the extras.