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All Things Spinning

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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.

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.

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