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Peloton to charge $95 activation fee for used bikes

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121–130 of 172 posts

Re: Peloton to charge $95 activation fee for used bikes

#121
post #109

Earlier quoted context omitted.

>the idea of paying for a subscription to ride a stationary bike You're not. Like was said above, you can ride it as a stationary bike for free. You're paying for the video content put out by Peloton which is added to daily, like a tv station. I can't help sounding like a sales person at this point but I'd also point out you get access to all their old content plus the fact that all this content is tied directly to y…

This is such a weird thing, paying to see scenery when riding your stationary bike and then post on the social network, when you can just go out with friends and bike for real in the nature.

Yea.. this kind of behavior seems everywhere. I once saw someone take the elevator to the gym and then he used a stair climber machine..

Just a week ago during camping vacation I saw someone use a Quad to fetch baguettes in the morning (It's all just some big WTF to me sometimes..

Re: Peloton to charge $95 activation fee for used bikes

#122
post #109

Earlier quoted context omitted.

>the idea of paying for a subscription to ride a stationary bike You're not. Like was said above, you can ride it as a stationary bike for free. You're paying for the video content put out by Peloton which is added to daily, like a tv station. I can't help sounding like a sales person at this point but I'd also point out you get access to all their old content plus the fact that all this content is tied directly to y…

This is such a weird thing, paying to see scenery when riding your stationary bike and then post on the social network, when you can just go out with friends and bike for real in the nature.

If you have friends near you, and if weather permits. I would go to the gym in winter to cycle and run precisely because it allows me to exercise out of reach of the cold and rainy weather.

Re: Peloton to charge $95 activation fee for used bikes

#123

Earlier quoted context omitted.

There's nothing unique about the "old" video content that makes it attractive other than the fact that their top "trainers" are leaving in droves.

Is there something worth leaving to? I have my old subscription limping along because I do like the trainers, the music especially, and use the non cardio programs, but would like to switch to something that isn't actively making the product worse to make money. Yt dl came in handy before their cardio money grab.

Zwift, maybe. But you need / should have a power meter to do that properly, and it works way better with a trainer that can adjust resistance on its own.

Re: Peloton to charge $95 activation fee for used bikes

#125

Earlier quoted context omitted.

I used to be in the industry and I think there's at least one Wahoo bike that does this. And it's controllable remotely. [edit] I might be thinking of the variable resistance: that's controlled over wireless.

Yeah that's the brand I was thinking, they had one where bikes tilt up/down to simulate hills. I'm hoping for one that also tilts side to side. Their software/game also looks kind of meh. But I don't really need exercise bike to "simulate" biking, throw it in MS flight simmulator and do multi axis ET bicycle flights, or at least some sort of twisted metal.

Have I got a game for you: https://www.gtbikev.com/

Re: Peloton to charge $95 activation fee for used bikes

#126
post #90

Earlier quoted context omitted.

> Peloton doesn't care if your used Peloton doesn't sell Sure they do. People who buy a used bike are not necessarily substitutes for people who will buy a new one. And new ones are more appealing to purchasers if their resale value is high.

I literally said "Some people will never buy a used peloton, so this doesn't affect them. Some people will never buy a new one" > new ones are more appealing to purchasers if their resale value is high. The kind of people dropping $1.5k on a spin bike to pay $45/month for a glorified youtube don't care much about resale value.

I read what you wrote. But that's not how economics works. You don't base your conclusions on actors at the extremes - the people who wouldn't buy a used one at any price (do these people actually exist?) and people who would never buy a new one.

Peloton cares about the price of used Pelotons because they understand that economics regards the decisions made by the marginal consumers - the ones who would buy a new one if the resale value of used ones was $1 higher.

Re: Peloton to charge $95 activation fee for used bikes

#127

Just out of curiosity, is it easy to jailbreak a Peloton bike? Or are there any interesting open source stationary bike platforms?

You can use the bike as is - ie without a sub. The sub is for the classes.

But isn't the screen totally useless without a sub? I don't know enough about Peloton, but I thought you couldn't really do much with it other than ride the thing without subscribing. I guess a jailbreak for the screen (is it Android?) could be pretty useful if you want to put an entirely different UI on the thing and use it with alternatives.

Re: Peloton to charge $95 activation fee for used bikes

#128

... Isn't capitalism great? I remember a thread on here a while back where some folks were sharing their peloton-alike setups and sadly I've lost the bookmark for it. Isn't it possible to hook a road bike up to some kind of 'bike treadmill' or such and go on virtual rides (maybe with an iPad or a tv or something infront of it?). With the kinds of money Peloton are charging, it did seem like a much better deal, and yo…

If you want a more bike like experience, and not a spinning bike experience, what you want is a "direct drive trainer". You take off your back wheel and mount your normal bike and chain on that. A trainer like that can be used with all kinds of software. Personally I like the social aspects of Zwift. Group rides, competitions, just biking along the map with other people around. For structured workouts Trainerroad is…

Zwift is pretty great for all of that. The biggest challenge I had with the whole ecosystem is finding something that doesn't have a monthly sub. I don't really do a lot of the racing / social aspects -- and I really only use it in the Phoenix summer when it's just too hot to go outside and hike. What I've found that works for me is cancelling Zwift in the cooler weather and using courses and workouts on my Garmin watch or Edge computer, which works and is free.

Re: Peloton to charge $95 activation fee for used bikes

#129

Earlier quoted context omitted.

I've never been charged a fee to activate a device on a new carrier, probably because they'd much rather have the money from my monthly subscription - in fact I've seen offers from carriers to buy out your current contract if you switch to them.

A common fee I've seen in the US is $35. https://www.att.com/legal/terms.otherWirelessFeeSchedule.htm... They may waive the fee, but it's there.

A fee, I suspect, that exists solely to be waived.

Re: Peloton to charge $95 activation fee for used bikes

#130

Earlier quoted context omitted.

Yeah that's the brand I was thinking, they had one where bikes tilt up/down to simulate hills. I'm hoping for one that also tilts side to side. Their software/game also looks kind of meh. But I don't really need exercise bike to "simulate" biking, throw it in MS flight simmulator and do multi axis ET bicycle flights, or at least some sort of twisted metal.

Have I got a game for you: https://www.gtbikev.com/

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