Peloton expands rental program across US to provide easier access and flexibility

Rent Peloton’s Bike/Bike+ for a low monthly rate that includes the cost of All Access membership, with no long-term commitment

NEW YORK, September 13, 2022 /PRNewswire/ — Today, Peloton (NASDAQ: PTON) announced the national expansion of its rental program, offering future members the opportunity to enjoy the signature Peloton experience with one low monthly cost and no long-term commitment. The program, which launched in select test markets earlier this year, allows consumers who have been interested but have not yet purchased, the opportunity to rent the Bike/Bike+ for a low monthly fee that includes the cost of an All Access subscription. With the monthly rental offer, members will have unlimited access to Peloton’s entire library of live and on-demand courses starting at just $89/month for the original Peloton Bike.

“As the global leader in the connected fitness space, we are committed to delivering convenient, engaging and motivating workout experiences to a wide range of consumers who want to be the best version of themselves at all times. anywhere,” Peloton said. Dara Treseder, SVP, Global Head of Marketing, Communications and Membership. “Our expanded national rental program allows even the most value-conscious customers to fully immerse themselves in the Peloton experience.”

A member of Peloton Rental said: “Thank you so much for the rental option. I’ve been dreaming of a bike for over a year…can’t wait to do my turn of the century on my bike…” Another early adopter noted, “Thank you for the affordable opportunity to stay healthy and fit.”

How it works
Anyone can access the rental program on https://www.onepeloton.com/bike/rentals. Returns are free at any time and program participants can choose to continue renting indefinitely or purchase the Bike/Bike+ at any time during their rental period.

The current rental price is as follows:

  • Peloton Bike and All Access membership: $89/month + $150 one-time setup fees; $895 buy after 12 months
  • Peloton Bike+ and All Access subscription: $119/month + $150 one-time setup fees; $1,595 buy after 12 months

*Purchase price may vary depending on when customers choose to purchase their Bike/Bike+

About the peloton
Peloton is the world’s leading interactive fitness platform with a loyal community of around 7 million members. The company pioneered connected, tech-enabled fitness and streaming immersive, instructor-led boutique classes for its members anytime, anywhere. Peloton makes fitness fun, accessible, effective and convenient, while fostering the social connections that motivate its members to be the best versions of themselves. An innovator at the intersection of fitness, technology and media, Peloton has reinvented the fitness industry by developing a one-of-a-kind subscription platform that seamlessly combines the best equipment, proprietary networked software and world-class streaming digital fitness and wellness content, creating a product its members love. Consumers can access the brand’s immersive content through Peloton Bike, Peloton Tread, Peloton Bike+, Peloton Guide and Peloton App, which provides access to a full suite of fitness classes across all disciplines, on any device iOS or Android, Apple TV, Fire TV, Roku TVs, and Chromecast and Android TV. Organizations and businesses can access select Peloton products and the platform for their teams and clients through Peloton Corporate Wellness or Peloton Commercial. Founded in 2012 and based in New York CityPeloton has a growing number of showrooms in the US, UK, Canada, Germanyand Australia. For more information, visit www.onepeloton.com.

Media Contact:
Jaisa Dominguez
[email protected]

SOURCE Platoon