this post was submitted on 23 Aug 2024
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  • Peloton is introducing a $95 "used equipment activation fee" for bikes purchased from outside its official channels in the US and Canada, aiming to boost revenue and maintain onboarding quality for new subscribers.
  • The fee has sparked criticism as it reduces the cost savings typically associated with buying secondhand equipment and diverges from practices in other industries, potentially discouraging used market purchases.
  • Peloton's hardware sales continue to decline, but subscription revenue has seen slight growth; the company still faces financial struggles despite cost-cutting measures and layoffs.
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[–] [email protected] 215 points 7 months ago (6 children)

Why are we comfortable with not owning the things we buy :/

[–] [email protected] 99 points 7 months ago (2 children)
[–] [email protected] 32 points 7 months ago (1 children)

It's not enough to not buy one. We need to demand that Congress and the FTC do their goddamn jobs and quit letting every company fuck over the public.

[–] [email protected] 3 points 7 months ago

Yeah that isnt their job, thats just how they are marketed. The US is a corporation and everyone in it is doomed to the rat race.

So so many issues that just happen in other countries.

[–] [email protected] 23 points 7 months ago (1 children)

I would consider dragging my used equipment over sr mgmt's face

[–] [email protected] 14 points 7 months ago
[–] [email protected] 80 points 7 months ago (3 children)

For everyone with a peloton, you can flash the bike with an aftermarket software.

[–] [email protected] 61 points 7 months ago

HACK THE PLANET!!

[–] [email protected] 40 points 7 months ago (1 children)

flash the bike with an aftermarket software.

Not a phrase I'd ever thought I'd hear.

[–] [email protected] 1 points 7 months ago

Given how ebikes are becoming more popular every year, and all manufacturers are locking them down with canbus, you're gonna hear that phrase a lot in the future

[–] [email protected] 15 points 7 months ago

Zwift or TrainerRoad

[–] [email protected] 28 points 7 months ago (1 children)

They already charge a ridiculous monthly fee just to use the bike.

And sure, it's a nicer exercise bike, but you can get a similar experience with a much cheaper bike and a tablet.

[–] [email protected] 11 points 7 months ago (1 children)

Yep. I’ve been doing this for a while now with a cheap old no-name bike and an ipad. Poor man’s peloton ftw.

[–] [email protected] 2 points 7 months ago (1 children)

How do you do this with a tablet? Can you buy like a wheel sensor or something?

[–] [email protected] 6 points 7 months ago

I don’t have anything fancy going on with the tablet. Like it’s not tracking the bike or my workout or anything like that. I just use my watch for fitness tracking and put up either exercise videos or a stream or something to watch on the tablet.

[–] [email protected] 13 points 7 months ago

I mean, there's a reason almost nobody is buying their products.

[–] [email protected] 2 points 7 months ago (1 children)

Do you see an alternative? Each year more companies move to a subscription model, even when it doesn't make the slightest bit of sense. In many cases if you have the time to do proper research and/or a lot of technical savvy, you can find alternatives from companies no one recognizes. Most people don't have the time or know-how, and the companies that like subscription models are spending billions making sure their names are the only ones people think exist.

[–] [email protected] 3 points 7 months ago* (last edited 7 months ago)

Update consumer protection laws and actually enforce them. Laws that were written back when tech would come with the schematics.