Peloton’s $95 activation fee for used equipment has sparked outrage among consumers and secondhand sellers, who argue it undermines cost savings. Peloton justifies the fee as necessary to ...
Connected fitness company Peloton said it will start charging a one-time $95 activation fee for new subscribers that bought used hardware on the secondary market. The Bike and Tread maker said the ...
For example, one post offered a used bike in "good condition" for $250, more than 80% off of a new "Bike Basic" from Peloton, though Insider could not confirm whether the listing was legitimate.
Peloton CEO John Foley said Thursday that the company plans to eventually start selling used bikes and treadmills. In an earnings call with analysts, he said the company will launch a certified ...