Lee Stanton Read more December 17, 2021
Peloton bikes and treadmills are extremely sought-after fitness tools, and it’s no wonder. They’re the perfect solution if you want to get exercise but don’t want to leave the comfort of your home.
However, brand new Peloton bikes and treadmills can often be on the expensive side. For this reason, it may be worth looking into purchasing a used Peloton instead.
Knowing where to start your search can sometimes be a lengthy and overwhelming process. Fortunately, we have you covered. In this article, we’ll be listing some of the best places to buy a used Peloton bike or treadmill for a reasonable price.
Keep reading to find out more.
There are many reasons people may want to invest in a Peloton bike instead of any other stationary bike. A Peloton can track your progress and help you set fitness goals. It tracks your heart rate and the number of calories you burn and compares your statistics to a worldwide leader board. Not only that, but Peloton lets you connect to your Spotify account to have the perfect workout playlist ready.
A brand-new Peloton can sometimes cost thousands of dollars. However, used Peloton’s can cut that price by half and sometimes even more, depending on the model. It’s worth noting that only a select few sites may offer used Peloton bikes and treadmills online. Let’s take a closer look at them.
eBay is one of the most popular e-commerce sites out there. It is most known for being a bidding site, meaning the price isn’t fixed for many posts, and it all depends on how much users are willing to pay. For this reason, the starting price for a Peloton may be significantly lower than anywhere else. If the bid goes past your maximum price, you are free to opt out of the offer at any point.
The great thing about eBay is that new listings are posted daily. If you don’t find a Peloton one day, it’s worth checking in regularly to see if anything appears.
Recent years have seen the rise of the Facebook Marketplace, with over 800 million users buying and selling items monthly. The feature works by posting listings of those in your area who want to sell their stuff.
Finding a used Peloton bike via the Facebook Marketplace is possible. Plus, even if you don’t see a Peloton straight away, you can post on the app to let your neighbors know that you’re on the lookout. That way, you’re more likely to be notified if something becomes available.
Not only that, but if you do happen to find a used Peloton, you can negotiate the price with the seller to suit your needs. Additionally, locally purchasing your Peloton can cut the cost of any additional shipping.
Many people have managed to find a used Peloton bike or treadmill via Craigslist for a relatively reasonable price. You need to search for the type of Peloton model you are after in the search bar. If you can’t find what you’re looking for straight away, return to the site at a different time to refresh it. People post new listings on Craigslist every day, so it’s worth checking to see if anything is available at other times.
One of the biggest appeals of this site is that prices can be negotiated with sellers to suit your budget unless otherwise stated in the ad. Also, if you have something of value that you don’t mind parting with, it’s possible to trade items on Craigslist if the seller agrees to it.
Like the Facebook Marketplace, it’s possible to refine your search to find used Peloton bikes or treadmills in your area. That way, you can cut shipping costs and save some extra cash.
Another great site to visit to find used Peloton bikes and treadmills is OfferUp. This e-commerce site lets users negotiate the price of items plus shipping. OfferUp sellers usually offer detailed listings of products, giving you the best idea of exactly what you’re purchasing. Any faults like scratches, dents, or technical issues need to be reported too.
Next time you’re at your local supermarket, it may be worth looking at the notice board. You never know if someone may have posted an advertisement selling a Peleton. It may be possible to negotiate the price easier for in-person sales.
Transferring ownership of a Peloton bike is a relatively straightforward process. All you need is the previous owner’s email address used for their subscription. Next, you’ll have to contact the Peloton customer support department to update details.
No, Peloton does not currently sell used bikes or treadmills. However, in September 2020, Peloton CEO John Foley stated that the company plans to introduce a CPO (certified pre-owned program).
The value of a Peloton all depends on conditions such as its condition and age. A newer Peloton bike kept in good condition is often valued at a higher price than an older one with minor damages.
If you are picking up your Peloton bike or treadmill from a seller, you’ll notice that transporting it may not be the easiest thing. When transporting your Peloton, it’s worth disassembling the pedals and touch screen, plus lowering the handlebars to keep the bike compact.
Ideally, a larger car or van would be ideal for transporting something as hefty as a Peloton bike or treadmill. However, if that’s not an option, try setting the Peloton on a roof rack instead of trying to pack it into your car.
When buying a used Peloton, the warranty is not transferrable. Even if the previous owner purchased the Peloton bike or treadmill within the last few months, you wouldn’t be able to use their warranty.
Investing in a Peloton bike or treadmill is a sure-fire way to motivate yourself to work out more. These premium stationary bikes enhance your fitness experience by offering a series of technologically advanced features. The best part is you won’t even need to leave the house to use it.
However, buying a brand-new Peloton may not be financially possible for many. Luckily, it is possible to find a used Peloton online that could save you a decent amount of cash, not only on the bike itself but also on shipping.
Have you bought a used Pelton bike or treadmill? Where did you find it? Let us know more about your experience in the comments section below.
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