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Peloton to charge $95 activation fee for used bikes

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

#141

Post by [deleted] »

neuralRiot wrote: post #135
savanaly wrote: post #73

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…

I have no idea how peloton works but I while ago I thought about “gamified” cardio machines, treadmill, bike, rowing where you follow courses which vary in difficulty (like uphill or against currents) and the machine varies the resistance according to the scenery.

[deleted]

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

#144

Post by KilgoreBass »

CivBase wrote: post #10
cyberpunk wrote: post #4

... 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…

> Isn't capitalism great? Does "capitalism" now just mean that businesses can do whatever they want? Consumer rights are awful in the United States, but that isn't because our economy is capitalistic. It's because our government is inept.

I thought capitalists don't want big government. Now you're saying it's the government's fault for not regulating the business more sufficiently? So which is it? You want larger government regulating stuff like this or not?

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

#145

Post by KilgoreBass »

RIMR wrote: post #27
CivBase wrote: post #10

Earlier quoted context omitted.

> Isn't capitalism great? Does "capitalism" now just mean that businesses can do whatever they want? Consumer rights are awful in the United States, but that isn't because our economy is capitalistic. It's because our government is inept.

>Consumer rights are awful in the United States, but that isn't because our economy is capitalistic. It's because our government is inept. Well, look at the precise manner in which our government is inept. Capitalism is basically a religious ideology here. Any time anyone suggests anything pro-worker or pro-consumer, there are no shortage of people who will call it "communism", and demand completely unregulated corpo…

Yeah it's wild have free market capitalists want small government and don't want regulations and then when a private company does something people they still manage to blame the government.

There's a weird juxtaposition where a lot of libertarians are really into right to repair. And look I'm all for right to repair but I am not a libertarian. Frankly, I'm not convinced capitalism is the best method to organize society at all.

But it's fascinating now when private companies do terrible things, they still manage to blame the government even though they are against a large government regulations.

Definitely a strange dynamic rossmann community.

Because

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

#146

Post by trd716 »

rootsudo wrote: post #133
afavour wrote: post #46

Earlier quoted context omitted.

> It's not even as if the bike is disabled when bought used, you can just use it like any other spin bike happily. While that’s true, a Peloton attracts a premium price above regular spin bikes. So if you had no intention of using the software you’d just buy a cheaper bike. If you do intend to use it you now have to add $95 to whatever price you’re paying.

You'd be surprised, they go for like $300 used, easy in many markets. I like it for the overal quality. I tried the sunni, and whatever brand was high on the amazon affiliated marketing stuff (ew right) but the peloton works fine. I also do like how the LCD is basically a vesa mount so you, and well, I did swap in a normal LCD but you can also jailbreak the android os there too. And you can also buy the newer bigger…

I thought about trying to root the peloton tablet, but I'm not sure what it would gain me

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

#148

Post by drivingmenuts »

rdtsc wrote: post #99
afavour wrote: post #46

Earlier quoted context omitted.

> It's not even as if the bike is disabled when bought used, you can just use it like any other spin bike happily. While that’s true, a Peloton attracts a premium price above regular spin bikes. So if you had no intention of using the software you’d just buy a cheaper bike. If you do intend to use it you now have to add $95 to whatever price you’re paying.

>a Peloton attracts a premium price above regular spin bikes. So if you had no intention of using the software you’d just buy a cheaper bike. If you do intend to use it you now have to add $95 to whatever price you’re paying. Good point, it's like a signal that "our bikes are a premium product: you'll pay more, and feel good about it, too!". However, like a sibling comment pointed out, that sort of conflicts with the…

It's also a signal that you got screwed by the seller if they didn't tell you about it before you bought the bike.

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

#149

Post by drivingmenuts »

mhb wrote: post #126
KennyBlanken wrote: post #105

Earlier quoted context omitted.

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…

> do these people actually exist?

Yep.

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

#150

Post by drivingmenuts »

jsbisviewtiful wrote: post #136
pugets wrote: post #97

If I did a push-up for every product that has “revolutionized” the fitness world in the last several decades, you would see my body and probably assume that I had used those products. If you have a floor, a wall, and autonomy over what enters into your mouth, then you already have everything you need to gain muscle and lose fat. Nobody needs a $1400 bike with a $40 monthly subscription to maintain a calorie deficit.…

> a $1400 bike with a $40 monthly subscription My gym costs $60 a month and gives me access to classes and other equipment. At the cost of a Peloton, a Peloton bike by itself would not pay for itself comparatively for 24 months. That doesn't take into consideration tax on the bike purchase or the monthly subscription. Folks really willing to pay that much money just to not leave their house?

If it's freezing-ass cold or boiling-ass hot, sure. If it's a moderate-ass temperature, it doesn't make sense, sure, but not everyone lives where that happens and for some, even that's a bit of a problem.
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