Award-Winning Peloton Bike Now Available for Under $100 a Month for the First Time

NEW YORK, Oct. 25, 2017 /PRNewswire/ -- For the first time, Peloton is offering consumers a way to purchase the Peloton bike, including access to unlimited live and on-demand classes for an entire household, for the starting price of $97 a month for 39 months. This purchase program offered by Synchrony Financial requires no money down and has zero percent APR and includes a new Peloton bike, in-home delivery and installation service, and full access to Peloton's library of content.

"We know that millions of people are interested in owning a Peloton bike and becoming part of the Peloton community," said William Lynch, President of Peloton.  "We also know that for many families, budgeting for mortgages, family obligations and other financial commitments can make paying $1,995 up-front for fitness equipment a challenge.  We launched this new purchase option because we wanted to make Peloton's unparalleled fitness experience more accessible to a broader population."

The Peloton subscription, charged at $39 per month and included in the financing purchase option being announced today, has always given the entire household access to unlimited classes, inclusive of live rides and an on-demand library of over 6,000 classes taught by the world's best instructors.

The financing program will offer consumers the ability to spread their payments over two terms: 39 months starting at $97 per month, and 12 months starting at $227 per month. Financing is offered as a purchase option through Peloton's online store, as well as the company's retail showrooms. Details of the program can be found here.

About Peloton
Founded in 2012, Peloton is revolutionizing the fitness industry by merging high-design with modern technology to provide access to live and on-demand fitness group classes led by elite NYC instructors. With instant access to classes, performance tracking metrics and a motivating real-time leaderboard, Peloton is changing the way people get fit through a comprehensive and socially connected-experience that makes every workout both efficient and addicting. By merging hardware, software, and content, Peloton creates the most unique, efficient and addicting workout experience on the market. Peloton is sold online and in their growing number of showrooms across the country. For more information, visit: www.onepeloton.com.

CONTACT: Michael Braun, [email protected]

SOURCE Peloton

Related Links

https://www.onepeloton.com/