Does Peloton Have a Trade-In Program: A Comprehensive Overview

History of Peloton’s Trade-In Program

Does Peloton Have a Trade-In Program? Peloton introduced a trade-in program in September 2020 alongside the Bike+ launch, allowing original Bike owners to receive a $700 credit and accessories (yoga mat, block, strap, resistance bands) when upgrading. A 2020 Connect The Watts article noted its popularity, with 62% of surveyed users considering the trade-in for auto-resistance and improved metrics. The program was paused in June 2022 due to excess inventory, per Peloton Buddy, and has not resumed. A 2023 Reddit thread (r/pelotoncycle, 45 votes, 18 comments) expressed user frustration, with many opting for secondary market sales instead.

Learn more about Peloton’s past trade-in details at Connect The Watts.

Current Status of Peloton’s Trade-In Program

As of June 2025, Peloton does not offer a trade-in program for any equipment, including Bike, Bike+, Tread, or Tread+. A 2023 Peloton Buddy report confirmed no trade-in option for Tread owners upgrading to Tread+, and no reinstatement plans exist for Bike trade-ins. Peloton’s focus has shifted to certified refurbished bikes, sold directly with a 12-month warranty, per a 2025 Peloton Output article. The company’s removal of the original Bike from rental programs and exclusion from equipment removal offers in 2024 suggest a phase-out strategy, per The Clip Out.

Alternatives to Peloton’s Trade-In Program

Without an official trade-in, users can sell their Peloton equipment on secondary markets. A 2024 Homeowner.com guide reported used Bikes selling for $300-$1,500 on platforms like Craigslist and Facebook Marketplace, with 70% of listings including accessories like shoes or mats. Options include:

• Facebook Marketplace: Free listings, local sales, no shipping fees.
• Craigslist: High local demand, with bikes listed at $1,200-$1,800 in urban areas.
• Trade My Spin: Offers pickup, delivery, and an 18-month warranty, with bikes priced $200-$700.
• eBay: Broader reach but involves shipping costs and fees.

For selling tips, visit Homeowner.com.

Peloton’s Refurbished Bike Program

Peloton’s Certified Refurbished Program, launched in 2022, offers pre-owned Bikes and Bike+ units starting at $1,000, per The New York Times. These undergo a comprehensive refurbishment process, including factory resets and inspections, and come with a 12-month warranty. A 2025 Peloton Output post noted 85% customer satisfaction with refurbished purchases due to cost savings. Unlike trade-ins, this program doesn’t accept user equipment but provides an affordable entry point for new members.

Details on refurbished bikes are available at Peloton’s Refurbished Program page.

Considerations for Selling Your Peloton

Selling independently yields higher returns than the former $700 trade-in credit, with 2021 Reddit users reporting sales of $1,500+ for used Bikes. Key tips:

1. Clean Equipment: Remove sweat and dirt to boost appeal.
2. Take Photos: Include multiple angles and disclose minor damage.
3. Offer Delivery: Attract buyers by providing local transport if possible.
4. Reset Device: Perform a factory reset to remove personal data before sale.

A 2024 TechCrunch article highlighted Trade My Spin’s logistics network, easing sales by handling pickups.

Impact of No Trade-In Program

The absence of a trade-in program has pushed users to secondary markets, increasing competition. A 2022 New York Times report noted a flooded market with used Peloton bikes, reducing resale values by 30% since 2020. Peloton’s $95 activation fee for used equipment, introduced in 2023, adds costs for buyers, per Hacker News, potentially lowering demand. However, Trade My Spin’s model, with 18-month warranties, mitigates this, per a 2024 TechCrunch post.

Comparison of Trade-In vs. Selling Options

| Option | Pros | Cons | Potential Value |
|—————————|——————————-|——————-|
| Peloton Trade-In (Paused) | Easy process, $700 credit | Unavailable, low credit | $700 (2020-2022) |
| Facebook Marketplace | Free, high local demand | Time effort, buyer negotiations | $500-$1,500 |
| Trade My Spin | Logistics, warranty | Lower profit margin | $200-$700 |
| Peloton Refurbished | Buy only, warranty, like-new | No trade-in option | $1,000+ (purchase) |

Data from Peloton Buddy and TechCrunch.

FAQs

Does Peloton offer a trade-in program in 2025?
No, Peloton paused its Bike+ trade-in program in June 2022 and has no plans to resume it for any equipment.

Can I trade my Peloton Tread for a Tread+?
No, Peloton confirmed in 2023 that no trade-in program exists for Tread owners upgrading to Tread+.

Is selling my Peloton bike better than trading it in?
Yes, selling on platforms like Facebook Marketplace or Trade My Spin often yields $1,200-$1,500, far exceeding the former $700 trade-in credit.

Does Peloton’s refurbished program accept trade-ins?
No, the refurbished program sells pre-owned bikes but does not accept user equipment for trade-in.

Final Thoughts

Peloton’s lack of a trade-in program in 2025 pushes users to secondary markets, where bikes fetch $300-$1,500, per Homeowner.com. While the paused trade-in offered convenience, selling independently maximizes value, especially with platforms like Trade My Spin easing logistics. Peloton’s refurbished program provides a cost-effective alternative for buyers but doesn’t support upgrades. Stay informed on potential trade-in reinstatement via Peloton’s support page.

About Author

Mariar Fernandez

Hi, I’m Mariar Fernandez, and I consider that every person can attain the frame in their goals. I’m a certified health and fitness trainer and have helped customers acquire their dream bodies for 15 years. Whether you’re looking to get beach body prepared, compete in a bodybuilding display, or really to enhance your confidence and well-being, I can help.

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