Refurbished Peloton Bikes are put through a thorough testing process, come with a 12-month limited guarantee, and offer the same revolutionary Peloton experience.
Have you ever wondered what happens to the bikes that the peloton returns? So grab a seat because I’m about to explain what a certified refurbished Peloton bike is and how to acquire one in this article.
In general, contacting Peloton directly or using the company’s corporate friends and family program or wellness program are the best options for purchasing a refurbished Peloton bike.
Additionally, Peloton makes special deals all year round to a limited number of clients who have digital memberships.
By purchasing a used Peloton bike, you can save $200 to $300 while still getting a full 12-month guarantee.
Does Peloton sell refurbished bikes?
Peloton does not currently offer used bikes or treadmills for sale (although their treadmills have recently been recalled, so you might want to wait on that anyway!). Having said that, the business intends to do it in the future.
In September 2020, Peloton CEO John Foley stated, “We do have intentions to offer a CPO program certified pre-owned program]… and that will be in the future.”
Although Foley did not provide a timeframe, he did state that it would occur “in the future years.” A task for Peloton, perhaps? Adding perhaps a treadmill or bike rental option.
What are Refurbished Peloton Bikes?
Refurbished peloton bikes are, to put it simply, formerly owned by the members, repaired and restored from any normal wear and tear, and then offered for sale at a reduced price to a select group of customers.
It’s comparable to purchasing a used peloton bike straight from the peloton rather than a third party.
What distinguishes the used from the refurbished peloton? In general, used and refurbished pelotons differ in that used pelotons are sold by individuals who chose to sell their own bicycles.
There is no extended warranty coverage, return policy, or money-back guarantee offered with those secondary purchases.
Peloton Exclusive Refurbished Bike Sale in 2023
Peloton is holding a temporary sale on their refurbished Bike & Bike+ models, offering significant discounts until August 21, 2023, or while supplies last.
This promo is only available through a special landing page, and a chat with Peloton is required to avail the offer. It’s noted that some sales were invite-only, but it’s unclear if this is the case for this sale.
These refurbished bikes are tested, repaired, and come with a standard 12-month warranty. New pedals are included, and defective parts are replaced or fixed.
Key Highlights of Peloton’s Refurbished Bike Sale
- Peloton offers discounts on refurbished Bike & Bike+.
- Prices: Bike at $995 (down from $1,195) & Bike+ at $1,595 (down from $1,995).
- Sale valid till August 21, 2023, or while supplies last.
- Promo available only through a special landing page; direct website purchase won’t apply the discount.
- The sale might be “invite-only”, but clarity is awaited.
- Refurbished bikes meet Peloton’s standards, come with new pedals, repaired or replaced defective parts, and have a 12-month warranty.
- There have been previous sales on refurbished bikes, like the Mother’s Day sale.
A Refurbished Peloton bike costs how much?
For the restored peloton bike, you may anticipate paying $200 to $300 less on average. Accordingly, the cost of a bike can range from $1,195 to $1,295,, and the cost of a bike plus from $2,195 to $2,295..
However, several people only paid $500 for their bikes. All of this will depend on where you purchase your bicycle.
Can I purchase a used Peloton bike?
The original Bike is now available on eBay’s shop for Certified Refurbished Peloton cycles for £995, which is £350 less than the new RRP.
The official programme works by inspecting, fixing, and testing previously owned products to restore them to “like new” condition that is appropriate for the typical Peloton experience, similar to purchasing a previously owned Rolex or Beamer.
Unlike past programmes, each Bike has had “limited use” prior to being transferred to eBay, most likely through the company’s 30-day trial period for new products.
Consequently, you won’t spend close to $1,000 on a device that will arrive at your door with obvious signs of use and wear.
Refurbished Peloton Bike UK
In addition to regular bikes, there is the Peloton Bike. Despite an army of rivals vying for the title of best at-home workout in recent years, its delightfully hot rides and the cast of crazily enthusiastic teachers who’ll lead you through them remain unmatched.
However, if you, like many people, had considered mounting a bike during one lockdown or another, you might have been deterred by the cost of the item.
Refurbished Peloton Bike Canada
When you choose the least expensive Bike starter kit that is currently on offer, the entry-level Peloton currently retails for £1,230, putting the capital “B” in bougie.
When you consider the £39 monthly subscription cost you also have to pay to access its extensive library of live and on-demand sessions and, of course, to view how your rides rank on the recognizable leader board, that’s still a sizable sum of money.
A new way to obtain one of the best exercise bikes currently on the market has surfaced, and it’s very alluring—just in time for our yearly rush of January fitness remorse.
FAQs Regarding Peloton Refurbished Bikes
How much is a refurbished peloton bike?
In general, according to Pierson, a Generation 2 Peloton Bike that is in excellent condition and has been rarely used should cost no more than $900.
The price would probably be slightly more, in the range of $1,400 to $1,500, for a Generation 3 Peloton Bike + in top condition.
How can I get a Peloton at a discount?
If you fit into one of the following categories, you qualify for discounted pricing on the Peloton App: Military: Retiree, Veteran, Reserve, and Active Duty. EMT, EMS, firefighters and police/law enforcement are examples of first responders.
Healthcare personnel such as physicians, nurses, pharmacists, respiratory therapists, and others.
What is more affordable than a Peloton?
Echelon is a Peloton substitute that offers the most functionality for the least amount of money.
While the company provides a comparable class structure for live and on-demand classes, Peloton’s hardware and membership fees are significantly higher.
As you can see, thanks to their employer’s collaboration with peloton via a wellness programme, folks who work for large corporations can obtain a better offer.
But if you live alone (like I do), there won’t be many opportunities to buy refurbished bikes at a bargain all year long.