Peloton lowers extended warranty price on its Bike following price cut

After the release of Bike+, Peloton lowered the price of the original Bike to $1,895, and they’ve now lowered the warranty price to match the price cut.

This price reduction was first spotted by Pelobuddy, and it’s a decently sized decrease. Previously, an additional year would cost $170, and an additional 27 months would be an additional $230. Now, an additional year is $145, and an additional 27 months is now $185.

With the Tread+, it seems the majority of uses for the extended warranty end up being used for the base. For the original Bike, one of the highest reported issues seems to be with the bearings in the flywheel. It manifests itself as a rattling noise that sounds like it’s spinning around in the wheel. 

CTW’s Take on Peloton warranty

When I ordered my bike in April, I opted to go ahead and add on the 27-month extension. I am normally opposed to extended warranties, but I know that one service call to handle a squeaky part will pay for the warranty cost. I do wish Peloton would transfer the warranty if the bike is sold, but I imagine it’s due to what could happen while the bike is being transported.