• Peloton is introducing a $95 “used equipment activation fee” for bikes purchased from outside its official channels in the US and Canada, aiming to boost revenue and maintain onboarding quality for new subscribers.
  • The fee has sparked criticism as it reduces the cost savings typically associated with buying secondhand equipment and diverges from practices in other industries, potentially discouraging used market purchases.
  • Peloton’s hardware sales continue to decline, but subscription revenue has seen slight growth; the company still faces financial struggles despite cost-cutting measures and layoffs.
      • grue@lemmy.world
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        3 months ago

        It’s not enough to not buy one. We need to demand that Congress and the FTC do their goddamn jobs and quit letting every company fuck over the public.

        • Squizzy@lemmy.world
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          3 months ago

          Yeah that isnt their job, thats just how they are marketed. The US is a corporation and everyone in it is doomed to the rat race.

          So so many issues that just happen in other countries.

    • Batman@lemmy.world
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      3 months ago

      For everyone with a peloton, you can flash the bike with an aftermarket software.

    • Wogi@lemmy.world
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      3 months ago

      They already charge a ridiculous monthly fee just to use the bike.

      And sure, it’s a nicer exercise bike, but you can get a similar experience with a much cheaper bike and a tablet.

      • elliot_crane@lemmy.world
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        3 months ago

        Yep. I’ve been doing this for a while now with a cheap old no-name bike and an ipad. Poor man’s peloton ftw.

        • WalnutLum@lemmy.ml
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          3 months ago

          How do you do this with a tablet? Can you buy like a wheel sensor or something?

          • elliot_crane@lemmy.world
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            3 months ago

            I don’t have anything fancy going on with the tablet. Like it’s not tracking the bike or my workout or anything like that. I just use my watch for fitness tracking and put up either exercise videos or a stream or something to watch on the tablet.