Once again, Peloton is offering digital members a chance to purchase a refurbished Peloton bike at a discounted price. This time the discount takes off $300 to bring the total cost of the original bike to $1,195. It’s a price lower than we have ever seen.
This morning, Peloton sent out the announcement via email to digital members. This offer is only available this weekend and ends on Monday, September 27, at 3 a.m. EDT.
Peloton’s refurbished bikes are only available in select zip codes. So if you have not received the email, it might mean you are not eligible. I would still suggest going to the Peloton website and contacting support just in case.
This is the first time Peloton has made an offer like this to Peloton digital members. The last time was for during their Memorial Day Sale where they took $400 off the price at the time to bring the cost down from $1,895 to $1,495.
Also, it’s important to know that although these refurbished Peloton bikes do come with a one-year warranty, they are not eligible for extended warranties.
With the price at $1,195 this is a big opportunity for those who have been wanting to purchase a Peloton Bike. But before you do, make sure to check out our recent article on whether saving up for the more expensive Peloton Bike+ is worth the extra cost.