is bumping up subscription fees for the first time in the US and Canada. It's balancing out those increases by reducing the prices on some hardware: the Bike, Bike+ and Tread.
From 6PM ET today, Peloton will cut prices on some of its products. The price of the Bike will be reduced from $1,745 to $1,445 . The company is lowering the price of Bike+ by $500 to $1,995. As for Tread, Peloton is cutting the price by $200 to $2,695.
It was already 4x more than its worth. Insane.
So basically existing customers can go fuck themselves. Thanks onepeloton
And cut prices in half for their bikes when thousands owe more than the bikes are worth. Complete scam company.
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