Peloton bikes and treadmills are highly sought after fitness tools, and it's no wonder. They are the perfect solution if you want to exercise but don't want to leave the comfort of your home.
However, new Peloton bikes and treadmills can often be pricey. For this reason, it may be worth considering buying a used Peloton instead.
Knowing where to start your search can sometimes be a long and overwhelming process. Fortunately, we have what you need. In this article, we are going to list some of the best places to buy a used Peloton bike or treadmill at a reasonable price.
Read on to find out more.
Where can I find a used Peloton bike or treadmill?
There are many reasons why people may want to invest in a Peloton bike instead of any other stationary bike. A Peloton can track your progress and help you set fitness goals. It tracks your heart rate and the number of calories you burn and compares your stats to a global leaderboard. Not only that, but Peloton lets you connect to your Spotify account to whip up the perfect workout playlist.
A brand new Platoon can sometimes cost thousands of dollars. However, used Pelotons can cut that price in half and sometimes even more, depending on the model. It should be noted that only a select few sites can offer used Peloton bikes and treadmills online. Let's take a closer look.
eBay
eBay is one of the most popular e-commerce sites. It is best known for being an auction site, which means that the price is not fixed for many posts, and it all depends on how much users are willing to pay. For this reason, the starting price of a Platoon can be considerably lower than anywhere else. If the bid exceeds your maximum price, you are free to withdraw from the offer at any time.
The great thing about eBay is that new listings are posted daily. If you don't find a Platoon one day, it's worth checking regularly to see if anything appears.
Facebook market
The past few years have seen the rise of Facebook Marketplace, with over 800 million users buying and selling items every month. The feature works by posting lists of people in your area who want to sell their products.
Finding a used Peloton bike via the Facebook Marketplace is possible. Plus, even if you don't see a platoon right away, you can post on the app to let your neighbors know you're on the lookout. This way you are more likely to be notified if something becomes available.
Not only that, but if you find a used Peloton, you can negotiate the price with the seller based on your needs. Additionally, buying your Platoon locally can reduce the cost of any additional shipping.
Craigslist
Many people have managed to find a used Peloton bike or treadmill through Craigslist for a relatively reasonable price. You have to search for the type of Peloton model you are looking for in the search bar. If you don't find what you're looking for right away, come back to the site at another time to update it. People post new ads on Craigslist every day, so it's worth checking to see if anything is available at other times.
One of the biggest appeals of this site is that prices can be negotiated with sellers based on your budget, unless otherwise stated in the ad. Also, if you have something of value that you don't mind parting with, it's possible to trade items on Craigslist if the seller agrees.
Like the Facebook Marketplace, it is possible to refine your search to find second-hand Peloton bikes or treadmills in your area. This way you can reduce shipping costs and save extra money.
Make a gift
OfferUp is another great site to visit to find used Peloton bikes and treadmills. This e-commerce site allows users to negotiate the price of items plus shipping costs. OfferUp sellers usually offer detailed product listings, giving you the best idea of exactly what you're buying. Any defects such as scratches, dents or technical problems must also be reported.
In person sales
Next time you go to your local supermarket, it might be worth looking at the bulletin board. You never know if someone posted an ad selling a Peleton. It may be possible to negotiate the price more easily for in-person sales.
Additional FAQs
How do I transfer ownership of a Peloton bike?
Transferring ownership of a Peloton bike is a relatively straightforward process. All you need is the previous owner's email address used for their subscription. Then you will need to contact Peloton customer service to update the details.
Does Peloton sell used bikes?
No, Peloton does not currently sell used bicycles or treadmills. However, in September 2022, Peloton CEO John Foley stated that the company plans to introduce a CPO (certified pre-owned program).
Do used Platoons hold their value?
The value of a Platoon depends on conditions such as its condition and age. A newer Peloton bike kept in good condition is often priced higher than an older bike with minor damage.
How to transport a platoon?
If you pick up your Peloton bike or treadmill from a vendor, you'll notice that transporting it might not be the easiest thing. When transporting your Peloton, it's worth taking the pedals and touchscreen apart, as well as lowering the handlebars to keep the bike compact.
Ideally, a larger car or van would be great for hauling something as heavy as a Peloton bike or treadmill. However, if that's not an option, try putting the Peloton on a roof rack instead of trying to store it in your car.
Can you get a warranty with a used platoon?
When purchasing a used Peloton, the warranty is not transferable. Even if the previous owner bought the Peloton bike or treadmill within the last few months, you wouldn't be able to use their warranty.
Enjoy the ride
Investing in a Peloton bike or treadmill is a surefire way to motivate yourself to train more. These premium stationary bikes enhance your fitness experience by offering a series of technologically advanced features. The best part is that you won't even have to leave the house to use it.
However, buying a brand new Peloton may not be financially feasible for many. Luckily, it's possible to find a used Peloton online that could save you a decent amount of money, not only on the bike itself but also on shipping.
Did you buy a used Pelton bicycle or treadmill? Where did you find it? Let us know more about your experience in the comments section below.
