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Should You Buy a Used or Refurbished Peloton Bike? Here’s How Much You Can Save

If you’ve been eyeing a Peloton bike but flinching at the $1,445+ price tag for a brand-new model, you’re not alone. The good news? You don’t have to pay full price to bring the Peloton experience home.

Buying a used Peloton bike or a refurbished Peloton bike can save you hundreds—sometimes even more than $500—while still getting you the immersive, instructor-led workouts that made Peloton famous.

But not all secondhand deals are created equal. Whether you’re searching “used Peloton bike for sale near me” or browsing refurbished listings online, it’s important to know the difference between buying direct from Peloton and finding a second hand Peloton on local marketplaces. Here’s how to find real Peloton bike deals—and avoid getting burned.

💰 How Much Can You Actually Save?

Let’s talk numbers. A new Peloton Bike costs around $1,445 plus the $44 monthly subscription. Buying a used Peloton or cheap Peloton bike can bring that upfront cost down significantly:

  • Refurbished Peloton Bike from Peloton:
  • $995 with a 12-month limited warranty
  • Professionally inspected and tested
  • Includes delivery and setup
  • Used Peloton Bike from local sellers (e.g. Facebook Marketplace, Craigslist):
  • Typically $600–$900
  • Varies by location, condition, and generation
  • May or may not include accessories
  • Usually no warranty or support

In general, the Peloton resale market offers savings of 30–40%, but that varies depending on how and where you buy.

🛠️ Refurbished vs. Used: What’s the Difference?

If you’re browsing sites for a cheap Peloton bike, it helps to understand the difference between used and refurbished.

  • Used Peloton bikes are typically sold by individual owners and can range widely in quality. Some are in excellent condition; others may have been heavily used, missing accessories, or in need of repair.
  • Refurbished Peloton bikes, especially those sold directly from the Peloton Outlet, are certified, cleaned, tested, and come with a 12-month limited warranty. You get the same user experience with more peace of mind.

According to Peloton’s official blog, their refurbished models go through a 30-point inspection, ensuring you get a fully functional product that meets manufacturer standards.

🛍️ Where Should You Buy?

🟢 Buy from Peloton (Refurbished)

  • Pros:
  • 12-month limited warranty
  • Free delivery and professional setup
  • Confidence in quality and performance
  • Cons:
  • Slightly more expensive than local marketplace deals

🟡 Buy from Local Marketplaces (Used)

  • Pros:
  • Potentially lower prices
  • Can inspect the bike in person
  • Cons:
  • No warranty
  • Risk of hidden wear and tear
  • Must handle delivery or transport yourself

If you’re typing “buy used Peloton” into your browser, it’s tempting to chase the lowest price. But if you’re concerned about long-term value, a refurbished Peloton bike from the official Peloton outlet offers far better reliability and support—often for just a couple hundred dollars more.

🔍 Search Tips: How to Find the Best Deals

When hunting for Peloton bike discounts, try using the most common search terms. Searching for "used peloton bike" is always a good starting point, but you can modify searches to include more specific keywords like location and even a price range.

Also, keep an eye out for seasonal promotions from Peloton, especially around New Year’s, Memorial Day, and Black Friday.

🏁 Final Thoughts

Buying a used or refurbished Peloton is one of the smartest ways to tap into world-class workouts without overspending. If you’re on a budget and value peace of mind, the Peloton Outlet is a safe and affordable choice. But if you’re comfortable with a little risk and want to score a bigger discount, local sellers can still offer plenty of value—just make sure to inspect thoroughly and ask questions.

Either way, there’s never been a better time to bring home a Peloton and start riding—without breaking the bank.

📚 Sources:

  • https://www.onepeloton.com/blog/used-peloton-bike
  • https://www.leahingram.com/buy-a-used-peloton-bike-versus-buying-new/
  • https://lifehacker.com/health/why-you-should-buy-used-peloton