Peloton Out of Business?

[Anonymous]

Do people like to buy secondhand Pelotons? My DH bought one with good intentions but he has used it only a handful of times.

[Anonymous]

Anonymous wrote:Do people like to buy secondhand Pelotons? My DH bought one with good intentions but he has used it only a handful of times.

Seems like it. They are all over Facebook market place. Seems it would have to be discounted since the affirm financing is probably not transferable.

[Anonymous]

Anonymous wrote:Do people like to buy secondhand Pelotons? My DH bought one with good intentions but he has used it only a handful of times.

Warranty doesn't transfer

[Anonymous]

Anonymous wrote:apple will buy peloton. That will be the smartest move. Scott Galloway has been predicting that this will be their move.

I don't know about Apple because the technology is a custom version of an Android OS. The whole thing about Apple is their proprietary iOS. That would be pretty cost prohibitive because they would have to redevelop the software from the ground up as an Apple OS.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Do people like to buy secondhand Pelotons? My DH bought one with good intentions but he has used it only a handful of times.

Seems like it. They are all over Facebook market place. Seems it would have to be discounted since the affirm financing is probably not transferable.

People finance these things? Seriously?

[Anonymous]

Anonymous wrote:

Anonymous wrote:Do people like to buy secondhand Pelotons? My DH bought one with good intentions but he has used it only a handful of times.

Warranty doesn't transfer

People buy them all the time. Try FB Marketplace and/or Craigslist.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Do people like to buy secondhand Pelotons? My DH bought one with good intentions but he has used it only a handful of times.

Seems like it. They are all over Facebook market place. Seems it would have to be discounted since the affirm financing is probably not transferable.

People finance these things? Seriously?

It’s the same price if you pay cash or finance at 0 percent with affirm. It’s part of their business model.

All these luxury start ups have relationships with affirm. Amazon does now too. PayPal works the same way for six month purchases. The list of this strategy to get people to buy things is endless.

It’s only “financing” if you treat it that way instead of making the decision to purchase and then letting somebody else hold the bag for free. Do you live under a rock?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Do people like to buy secondhand Pelotons? My DH bought one with good intentions but he has used it only a handful of times.

Seems like it. They are all over Facebook market place. Seems it would have to be discounted since the affirm financing is probably not transferable.

People finance these things? Seriously?

I financed it, and I’ve lost 40’pounds. If I could have financed 10k with interest a guarantee to lose this much weight I would have.

Why give peloton money when I could make it work for me? Financing the peloton literally costs nothing. I could have afforded it straight up. But again, even if I couldn’t, it would have been worth it. I feel like this crazy culty company has literally added years to my life. Hard to put a price on that.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Do people like to buy secondhand Pelotons? My DH bought one with good intentions but he has used it only a handful of times.

Seems like it. They are all over Facebook market place. Seems it would have to be discounted since the affirm financing is probably not transferable.

People finance these things? Seriously?

I financed it, and I’ve lost 40’pounds. If I could have financed 10k with interest a guarantee to lose this much weight I would have.

Why give peloton money when I could make it work for me? Financing the peloton literally costs nothing. I could have afforded it straight up. But again, even if I couldn’t, it would have been worth it. I feel like this crazy culty company has literally added years to my life. Hard to put a price on that.

Great job! I have a similar story but with the tread. You did the work, the machine and community was just the catalyst.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Do people like to buy secondhand Pelotons? My DH bought one with good intentions but he has used it only a handful of times.

Warranty doesn't transfer

Also, now that Peloton reduced the price of the original bike to $1400, that kind of pulled the floor out of the resale market. Most re-sales I was seeing on FB were for $1700+.

[Anonymous]

If you work in the fitness industry, you already know where this is going.

[Anonymous]

Anonymous wrote:If you work in the fitness industry, you already know where this is going.

You’ll have to drive to Pelaton headquarters and meet with Blake in membership in order to cancel?

[Anonymous]

Anonymous wrote:If you work in the fitness industry, you already know where this is going.

I work in the fitness industry and I have no idea where this is going. Please share!

[Anonymous]

get a grip. their stock tanked. that is different. stock price reflects investor expectations -- they expected a lot and Peleton missed sales expectations for the quarter

[Anonymous]

Anonymous wrote:

Anonymous wrote:If you work in the fitness industry, you already know where this is going.

I work in the fitness industry and I have no idea where this is going. Please share!

+1…please share