Should You Buy a Used Peloton?

Should You Buy a Used Peloton? Buying a used Peloton can be a smart choice if you’re looking for significant cost savings, with prices ranging from $200-$1,200 compared to $1,445-$2,495 for new models. However, consider factors like condition, non-transferable warranties, a $45 activation fee, and potential repair costs before deciding.

Cost Savings of Buying Used

Purchasing a used Peloton offers substantial savings compared to buying new, making it an attractive option for budget-conscious fitness enthusiasts.

• Price comparison: New Peloton Bikes retail for $1,445, while Bike+ models cost $2,495. Used Bikes typically sell for $200-$800, and Bike+ models range from $700-$1,200 on platforms like Peloton’s Repowered or Trade My Stuff.
• Accessories included: Many used listings include extras like shoes, weights, or mats, saving $50-$150.
• Market trends: A 20% surge in used Peloton listings in 2024, driven by post-pandemic gym reopenings, has lowered prices due to oversupply.

“I saved over $1,000 buying a used Bike+ for $900, including accessories. It was practically new,” said Lisa T., a Denver buyer.

For current used Peloton prices, check Trade My Stuff.

Key Considerations Before Buying

Several factors influence whether a used Peloton is a good investment.

Model and Generation

• Peloton Bike: The original model (fixed screen) is reliable but avoid Gen 1 bikes (pre-2016, model ending in “QUARTZ” or “001”) due to discontinued software updates. Gen 2 or 3 bikes are safer choices.
• Peloton Bike+: Offers a swivel screen and enhanced audio, making it worth the higher used price ($700-$1,200) for advanced features.
• Tread/Row: Less common, with used prices from $1,000-$2,000, but confirm no outstanding recalls (e.g., Tread+ recall in 2021).

Condition and Usage

• Ride count: Request the Peloton History Summary (via members.onepeloton.com) to check usage. Bikes with fewer than 150 rides are typically in better condition.
• Physical inspection: Check for wear on pedals, frame, or screen. Test resistance and screen functionality if possible.
• Age: Bikes under 3 years old retain more value and are less likely to need repairs.

Warranty and Activation Fees

• Warranty limitations: Peloton’s standard 12-month warranty doesn’t transfer, but extended protection plans (post-April 2022, $199 for 48 months) are transferable with proof of purchase, adding $100-$200 to value.
• Activation fee: A $45 one-time fee (down from $95 in 2025) is required for used bikes to access the All-Access Membership ($44/month), which may impact your budget.

For warranty details, visit Peloton Support.

Benefits of Buying a Used Peloton

• Affordability: Save 50-80% compared to retail prices, with some bikes as low as $200 on Trade My Stuff.
• Access to premium features: Get Bike+ features like auto-resistance and a swivel screen at a fraction of the cost.
• Wide availability: Platforms like Peloton’s Repowered, eBay, and the Peloton Buy Sell Trade Facebook Group (over 243,000 members) offer extensive options.
• Certified options: Repowered and Trade My Stuff provide 12-18 month warranties, reducing repair risks.

Risks to Watch For

• Repair costs: Without a warranty, repairs like a new touchscreen ($375) or frame ($200-$500) can be costly.
• Scams: Fake or non-functional bikes are common on Craigslist and Facebook Marketplace. Verify serial numbers and test in person.
• Recalls: Ensure the bike has an updated seat post (recalled in 2023 for PL-01 models sold 2018-2023).
• Software compatibility: Older Gen 1 bikes may not support new app updates, limiting functionality.

“I thought I got a steal at $300, but the bike was a Gen 1 with no software updates. It’s basically a paperweight now,” said Mark S., a Chicago buyer.

Where to Buy a Used Peloton

• Peloton Repowered: Offers certified bikes with warranties and delivery, but limited to select cities (e.g., NYC, Boston).
• Trade My Stuff: Provides warranties and delivery, with a $45 activation fee rebate using code ACTIVATE4FREE.
• Facebook Marketplace: Ideal for local deals but requires in-person inspection to avoid scams.
• eBay: Good for nationwide options, but check seller ratings and avoid non-deliverable listings.

For safe buying, explore Peloton’s Repowered Platform.

Tips for Buying a Used Peloton

1. Test before buying: Ride the bike to check resistance, screen, and pedal condition. Request a video if remote.
2. Verify history: Ask for the serial number and Peloton History Summary to confirm age and usage.
3. Check for recalls: Ensure the bike is free of outstanding recalls (e.g., seat post or Tread+ issues).
4. Negotiate smartly: Factor in the $45 activation fee and potential repair costs when making offers.
5. Prioritize trusted platforms: Choose Repowered or Trade My Stuff for warranties and vetted bikes.

For scam prevention tips, see Facebook’s Safety Guidelines.

FAQ

Is it worth buying a used Peloton?

Yes, if you save 50-80% and verify the bike’s condition, usage, and recall status. Platforms like Repowered offer warranties for added security.

Does a used Peloton come with a warranty?

Standard warranties don’t transfer, but Repowered offers a 12-month warranty, and Trade My Stuff provides 18 months. Some sellers include transferable extended plans.

What is the activation fee for a used Peloton?

A $45 one-time fee is required to activate used bikes for the All-Access Membership ($44/month). Trade My Stuff may waive this with ACTIVATE4FREE.

Can I use a used Peloton without a subscription?

Yes, in “Just Ride” mode for basic metrics, but a subscription is needed for classes and full features.

Final Thoughts

Buying a used Peloton can be a cost-effective way to enjoy premium fitness equipment, with savings of up to 80% compared to new models. Platforms like Repowered and Trade My Stuff offer warranties and delivery, minimizing risks, while Facebook Marketplace and eBay provide affordable options. However, potential repair costs, non-transferable warranties, and the $45 activation fee require careful consideration. By verifying the bike’s condition, history, and recall status, and choosing trusted platforms, you can make an informed decision that balances savings with reliability.

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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