As I don’t actually own a Peloton bike, I guess my answer to this question speaks for itself. However, I cannot deny that the Peloton Cycle is an ingenious product, well-designed, and absolutely fills a niche in our busy world, but it is a very sizable investment: the bike itself will run you $1995 plus $250 installation. Add in another $25 to $75 for weights plus other accessories, such as a mat and shoes. Oh, and I failed to mention the $39 monthly subscription fee that begins after the first year.
If you read my last very detailed post, you know that I use the Peloton app on a regular spin bike. With the addition of an iPad holder, a cadence sensor, weights, some SPD pedals and spin shoes, I’ve created my own mock-Peloton at a savings of more than $1700. (You can also get an upgraded version of my bike with SPD pedals already installed).
In all likelihood, Peloton has released their iPad and recently the iPhone apps to tempt people into buying their $2000 product. On their own website within the Frequently Asked Questions section, the very last question asked is: “I like the app, so why would I buy the bike?,” a question I too, have been asking.