Hello guys! This is my personal review of the Peloton bike and I am here to give you a few tips on how to save money when you purchase one and what you should know before you buy one!
Disclaimer: thatocmomlife is not making any guarantees or promises regarding the accuracy, reliability or completeness of the information presented. This blog contains my opinions and doesn’t reflect the opinions of any organizations I might be affiliated with. I was compensated for this post. This post also contains affiliate links and I will be compensated if you make a purchase after clicking on my links.
A few things you might NOT have known about the Peloton bike and some info you might want to consider before you buy!
The cost breakdown
When you purchase from Peloton direct they offer financing options with low monthly payments and zero APR. It comes out to $64.00 a month for 39 months and an optional monthly membership of $39.00 a month.
What they don’t tell you is that the bike doesn’t exactly work without the monthly membership. You would be stuck with a beautiful bike that doesn’t do much of anything unless you pay the monthly fees. For me this still worked at $103.00 a month and was cheaper than my gym membership at the time.
The heart Rate Monitor
It only picks up when it’s wet. If yours isn’t working properly, they told me to get the band wet before jumping on the bike so my entire workout would get recorded.
** Also, probably don’t think to wash that monitor after every single ride?! But this is your warning! If you leave a sweaty band and keep wearing it, you’ll get ringworm (GROSS)
Connecting to apple music
I connected it to my apple music thinking I would be able to hear my own music when I ride (especially on the scenic rides) but instead it just created a peloton playlist for me in apple music.
Therefore this feature it MUTE.
There is a camera that can see you! Peloton says nobody watches it and it’s only there if you want to ride and connect with friends. But I am not sure I trust that! You can remove this feature in the settings.
How I feel 12 months later..
October 8, 2019
Hi guys, I am coming to you 12 months after I made the first review video you watched above. I did end up recently selling my bike! I sold it via facebook marketplace for $2,000 including all of the gear that went with it.
When I sold my bike I still owed around 2k so it was a perfect sale. I figure in the end, I didn’t really lose much money because I got to work out for a year at the price of about $500.00 (not bad) So why did I sell?
My then baby is now 2.5 and I felt like he was ready to start going with me to the gym (in the kids club). I was also getting really bored and unmotivated working out at home! I love the energy and vibes you get from being around real people and instructors.
Also, maybe this is just me, but I felt trapped once I had those shoes on and strapped onto the bike. I felt like I couldn’t just jump down and answer the ringing doorbell or a number of any other distractions you get from home. So it made me never want to “strap in”. When I take the time to go to the gym, I silence my phone, and there are no other distractions. So for me, this is the best!
I feel like the Peleton is great if you are in a situation where you can’t leave the house often, or need to be home. If you are single and able – I would not recommend this for you! The good news is, most people are able to re-sell them fairly quickly and not lose too much money. So if you are unsure, give it a try!
How to save money
- If you have cash, buy it on facebook marketplace and you’ll quickly save $500.00 – $800.00. There are a lot of people like me who have great hardly used bikes they are selling.
2. You can find them for $1800.00 but they go really fast! You’ll need to look online and really stay on top of it. Otherwise, you can find them for around $2,000 and still save a good amount of money.
3. If you do buy from the store, just buy the bike and skip “the works package” that I purchased. You can find weights and headphones and shoes on Amazon a lot cheaper.
4. If you are going out of town or having surgery where you won’t be riding, you can put your monthly membership on hold bu calling customer support.
5. You can literally host 100’s of free user profiles on your bike. Some people let friends and family ride. Some people out in their garage and charge $5.00 for a ride! ( I would not but this is a real thing) haha
Last but not least..
Skip that facebook support group and save yourself the time-wasting, mind sucking non-sense. It is a group of people who complain, whine and tear people down. I am not sure why, but I got notifications daily of new posts to the group and it was never motivating nor conductive to my day 🙂
Do you have a bike!? Let’s hear your thoughts! Please comment below and let me know 🙂
written by: Gwen Payne Gwen Payne is a stay-at-home mom with an entrepreneurial spirit. Over the years, she has mastered raising her two daughters whileRead More
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