When I published a post a year ago about purchasing a Peloton Bike, I received mixed feedback. Some people were cheering me on and talking about how much they love their Peloton, while others were saying it was going to turn into a $2,000 closet rack.
So what did the Peloton bike end up being for me? The best workout tool ever or where I throw all of my coats? You might be surprised by what happened!
If you’re purchasing a Peloton or tread, use my referral code FX6J5N for $100 off accessories with a Peloton bike or tread purchase.
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What is Peloton?
If you don’t know already, Peloton is a company that specializes in workout equipment. Peloton has different exercise equipment including the Peloton Bike, the Peloton Bike+, and the Peloton Tread. Both bikes and tread include a large touchscreen where your coach guides you through a workout of your choice.
How much is the Peloton Bike?
The original Peloton currently costs $1,895 or a monthly cost of $39 for 39 months using Affirm financing. That prices includes delivery and assembly.
How much is the Peloton Bike+?
The Peloton Bike+ currently costs $2,495 or a monthly cost of $59 for 30 months using Affirm financing. That prices includes delivery and assembly.
How much is the Peloton Tread?
The Peloton Tread starts at $2,495 or a monthly cost of $59 for 39 months using Affirm financing. That prices includes delivery and assembly.
Benefits of a Peloton bike
- Compact and can fit in small spaces
- Quiet (like creepily quiet somehow)
- Convenience of working out at home
- Online community of like-minded people
- Access to thousands of workouts
Benefits of cycling
- Boosts physical endurance and stamina
- May improve posture
- May reduce stress levels
- Enhances immune system
- May aid in blood pressure control and/or cholesterol control
- May improve sleep patterns
- Easy on the joints, effective workout for long-term
Benefits of a Peloton membership
- Live weekly classes
- On-Demand classes
- Motivating instructors
- Only 1 membership needed per household (if you have the bike or tread)
You also get classes like
- Strength training
- Outdoor running
There really is something for everybody and all fitness levels.
Height 60″ (152.4 cm), width 24″ (61 cm), length 48″ (121.9 cm). 21.5″ touchscreen. The bike is compact and can fit even in small apartments tight on space.
As you can see below, the Peloton bike can fit in the tiniest of spaces. We live in a 1000 sq foot duplex with most of the space already used, but I still managed to find the perfect spot for my bike. We had a crazy snow day a couple days after I got my bike and I was able to watch the snow storm while on my bike. It was magical!
What accessories do you need?
I bought the Peloton mat and found it was worth it due to the price being similar on sites like Amazon or Walmart. You can buy clip-in bike shoes and cleats at local bike stores. Most bike stores have a clearance area with high-quality stores, too. I bought my shoes from a local bike store and they were on clearance.
However, you definitely need:
Options for added comfort but not necessary
- Portable handheld fan
- Spintray to convert Peloton to an office
- Sweat towel frame wrap
- Shoe hanger
- Bike shorts (I use for added comfort)
What I Paid
I was charged $2,010 for the original Peloton bike and taxes. I decided to do the Affirm financing, which is the no interest plan because I liked having skin in the game. When I’m actively giving someone my money every month, I’m much more willing to get on the bike.
Breakdown monthly cost
The Peloton originally cost me $39 a month, but I paid it off early. So now I only pay for the Peloton membership fee, which is $39. Both my husband and I use the bike, making the cost of the bike about $20 for both of us, which is so worth it for cycling, strength training, yoga and other guided workouts.
Peloton even has a quiz here that lets you compare your current monthly fitness costs and how much you might save with a Peloton instead.
I purchased my Peloton Bike and received it a couple of months later. A few days before arriving, a shipping warehouse called me and set up an appointment for in-home setup. The day of, the assembly team called me and said they were on their way. A large white truck pulled up outside my front door and they unloaded the Peloton Bike in my house and set it up for me within 30 minutes. I was shortly on my first Peloton guided ride a few minutes later!
Try out the Peloton digital app for free
There’s no harm in trying out the Peloton digital app for free. This is what I did before even purchasing the Peloton Bike. I tried out the app for a few months to see if it was something I would actually do at home.
Are there discounts for Peloton?
There are rarely discounts on the Peloton bike or tread, but I have noticed during the holidays there’s usually a sale going on.
Alternatives to Peloton
There are several alternatives to Peloton that cost way less and basically do the same thing. Here are just a few.
Echelon Smart Connect Bike – The Echelon bike looks pretty similar to the bike and has some of the same features as well.
Joroto Indoor Bike – The Joroto indoor bike is one of the cheapest indoor bikes on the market. If you have an iPad, you can get a $12.99/month Peloton digital membership and use it on this bike.
Nordic Commercial Studio Bike – One of the most comparable bikes to Peloton is the Nordic Studio Bike. It has a large screen where you can follow guided workouts and even includes a 30 day iFit family membership where you can stream classes.
If a Peloton bike is too expensive or you believe it’s not worth the price, you can still take advantage of the live Peloton classes on your phone or iPad and set it on another exercise bike.
If you can afford it, I recommend the Peloton bike. I personally think it looks the best out of any indoor bike and it’s quiet and made out of high-quality parts. A year later and it’s still running perfectly despite it having hundreds of rides on it.
Should you get a Peloton bike?
If you say yes to any of the below, a Peloton might be a good decision:
- I spend over $100 a month on a cycling membership
- I want to exercise in the convenience of my home
- I enjoy spinning/cycling classes
- I do better when I’m not working out around people
I know a lot of people like leaving their house and going to a gym. Gyms oftentimes have a great in-person community. If you enjoy getting some fresh air and being at the gym, keep doing that.
Peloton referral code
Remember to use my code FX6J5N for $100 off accessories with a Peloton bike or tread purchase.
If you’re still reading this far, it sounds like you’re probably getting the Peloton Bike or Tread. I highly recommend it and after a year later, I’m still using my bike at least five times a week. It is the best investment I’ve ever made for myself and my health. If I had enough room, my husband and I would probably get the Peloton Tread. Maybe we’ll find room somewhere! Hopefully.
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