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Are you thinking about buying a used Peloton Bike or Bike+? To get the best used Peloton Bike or Bike+ as well as the best deal, this is what you should know and look out for: The overall condition of the bikeThe version of the Peloton Bike (Gen 1, 2 or 3) or Bike+The price of the Peloton and what is a good priceHow often the bike’s been usedWhere the Peloton’s been kept and usedThe location of the bike relative to youAccessories that come with the PelotonHow many owners the bike’s hadWhat the seller must to do before you take the Peloton home Buying a used Peloton Bike or Bike+ can be a great way to save money and avoid waiting for a new one to be delivered. But there are things you need to know, so read on to make sure you know what to ask and look for, that way buy the right bike, at the right price. Table of Contents Pros and Cons of a Used Peloton Bike or Bike+Where to Find a Used Peloton BikeWhat to Look Out For with Used Peloton BikesQuestions to ask the seller of the used PelotonHow Much Should A Used Peloton Bike or Bike+ Cost?Can You Transfer A Peloton Bike or Bike+ Warranty?Accessories and other things you could buy for a used Peloton bikeCan You Take Over A Seller’s Peloton Subscription?How to Relocate Your Peloton Bike or Bike+What the Seller Should Do Before Selling You A Peloton Bike or Bike+What to do once you have the bike home You can buy another brand of exercise bike for less, and you can even sign up for a Peloton App subscription too, but it’s not the same, so buying a used Peloton Bike or Bike+ can be a great idea. As the Peloton business started in 2012 there are now plenty of used bikes on the market as people either upgrade or decide they no longer need theirs (I don’t know why they’d think that), but they do sell fast! Most people really look after their bikes, so they are in really good condition, but that’s not always the case, so read on to find out the answers to all of your questions about the best and safe way to buy a used Peloton Bike or Bike+. Pros and Cons of a Used Peloton Bike or Bike+ Pros PriceAvailabilityMay have accessoriesAdvice from previous owner Cons Wear and TearTransportationWarranty Where to Find a Used Peloton Bike There are various places where you’ll find used Peloton bikes locally, nationally and even internationally, as you may live in a Country where Peloton don’t currently sell new bikes but you still want one. Local Online Marketplaces First, I suggest you check out local Marketplaces like Craigslist, Facebook Marketplace and Gumtree in the UK. The major benefits of buying locally are obviously it’s quicker and easier to see the bike in person and talk to the seller face to face, it’s also easier to take it home too, or less expensive if it’s being transported for you. National and International Marketplaces You’ll find that websites like eBay have Peloton bikes for sale and there tends to be plenty of choice, so sorting them based on location and prices can be really helpful. This is also a great way to buy a bike if you live in a country where Peloton doesn’t currently sell them because, depending on where you live, it may not be that far away. The Peloton Buy Sell Trade (BST) Facebook Group This Facebook group isn’t operated or associated with Peloton, but with over 160,000 members it’s probably the place with the most bikes for sale at any one time, from the first versions all the way up to virtually new ones. It’s also a great place to find Peloton accessories and the Tread too. You can also find bikes for sale in other Peloton Fan Facebook groups, and you can ask people in a local group if they have one for sale too. In-Person If you know somebody who’s about to upgrade their Peloton or just isn’t using it, like a friend, neighbor or even a family member, then this can be a great way to buy a used bike. Knowing the background to the bike and also the person selling it can be a real benefit and reduce the risks normally associated with buying something second hand. What to Look Out For with Used Peloton Bikes As Peloton bikes are so well made, there’s very little excuse for them not looking and operating almost as good as new. But there are a few key things you should be sure to look for when you are buying a used Peloton Bike or Bike+. First, make sure you’ve looked at pictures of the type of Peloton bike the seller is offering, and watch some videos too, this way you know what the bike should look like. Unfortunately, some people have tried to sell a bike claiming it’s a Peloton when it’s not. If you’re able to go and see the Peloton Bike in person, be sure to do so. Seeing the bike in person will mean you can check for yourself for any issues with the bike which aren’t obvious from pictures or videos, it also gives you a chance to see where the bike has been kept and the general environment too - it’s a metal item with electronics, so moisture and large temperature variations are not ideal for it. Some issues that a Peloton might have can be repaired once you purchase the bike. So, if there are any broken parts or faults, you could still purchase the bike if you wanted and repair the parts yourself, or get Peloton to come and repair it, which is an option, but negotiate hard if that’s the case. Either way, take a close look at these key features listed below so that you can evaluate the condition of a used Peloton Bike you’re thinking about buying. And if you can’t see the bike in person, as the seller to take a video showing you these things in detail. This is also a way to protect yourself from scammers who are claiming to have a bike when they don’t or who are not being 100% honest with their descriptions and images. First Impressions and Physical Checks The Peloton Bike and Bike+ make an impact and people who see mine are always impressed, but look at the following things: Is the bike clean? Not just on the surface but in all the hard-to-reach points too. Is the bike stable and can you turn the stabilizers underneath the front and back of the bike? Is the paintwork good and generally mark free? The Screen Check the screen on the Peloton Bike is properly working and has no glitches or dead pixels. If you are viewing the bike in person, turn the screen on and off, making sure that it functions well, you can press different parts of the screen, check the camera and also the volume buttons and sound too. Resistance Try out the bike, if possible, to see if the resistance is effective on different settings. There’s no need to do a full class but maybe a 5-minute warm up is a good idea. But so too is trying the resistance at varying levels like 25, 50 and 75 to make sure these work as you’d expect, with a noticeable difference between each and that the change is smooth and progressive. Also, the movement as you pedal should be very smooth and quiet. And as you pedal make sure the information on screen like cadence, resistance and output display and change as you’d expect. The Pedals Make sure the pedals of the Peloton Bike are in good shape and that they adjust OK with the screw at the rear. Get a good look at the pedals to check for any damage or if they are loose, as this could be hazardous when you’re riding. Small marks and scuffs should be OK and expected, but they should rotate freely and clip in and out easily. If the bike uses another brand of pedal or toe cages check those too in a similar way. The Handlebars and Seat Check that the handlebars are in good condition and the grip is not damaged or excessively worn. You also need to raise and lower the handlebars too; this should be possible but it’s not necessarily smooth for good reason as it needs to be secure. And on that note also check the locking mechanism works too. On the seat, check the overall condition and also the movement forward and back too, including the locking mechanism. Seats can be worn, but they shouldn’t be ripped or damaged, but are easily replaced in a few minutes, in fact many people don’t use the seat provided by Peloton. The Drive Belt and Mechanism It’s not easy to check the belt and drive mechanism in detail because of the safety covering, but the belt should look like new and not slack around the front flywheel and the pedal crank. Questions to ask the seller of the used Peloton Before you make a final decision to buy a used Peloton Bike or Bike+ make sure you ask these questions to do as much as possible to protect yourself from scammers and potential issues in the future. Why are you selling the bike? I know it’s simple and you may not get the full story, but it’s a good place to start and you may find out things you otherwise could have missed. Are you the first owner of the bike? If they are that’s good as they know the full history. Also ask if they have the paperwork from when they bought it too. If not, still ask for paperwork as you can see the details. How old is the bike? It’s a good idea to get an idea of the age of the bike. How many rides have been done on the bike? There’s no way to easily tell, but one quick look at each of the user profiles and how many rides they’ve taken will give you an idea. Do you know what version of the bike it is? There is the basic Bike and Bike+ models, but over time improvements were made to the Bike model, mainly related to the screen and internal computer parts, not the main bike frame and mechanics. There have been three (3) versions of the Bike, obviously there are improvements with each version and you can tell which is which by checking the model number on the rear of the screen. Generation 1 is model number QUARTZ or 001 and a serial number starting 72010 and has a circular orange power button and was sold from 2014 to about 2016.Generation 2 is model number RB1V1 and has red power and volume buttonsGeneration 3 is model number RB1VQ and grey power and volume buttons I would suggest, if you can, buy a generation 2 or 3 bike or a Bike+ as the first-generation touchscreens are no longer supported by Peloton as they do regular software updates with improved functionality and this older unit is not powerful enough for these, although you can pay to upgrade the screen. Where have you been using the bike? As I mentioned before, the Peloton bikes are designed to be used in homes, not in commercial gyms and not outdoors or even indoors in a pool area where there’s too much moisture. If the bike’s been used and stored outside be careful. It’s worth finding out if the bike’s been moved around frequently or relocated – this is not necessarily an issue, but needs to have been done with care. Does the Peloton Bike have any problems now, and has it had any in the past? The reality is as good as they are, Peloton bikes can have problems, things can wear out or be damaged. Ask if the Peloton Bike has had any problems previously, and ask exactly what the nature of these problems was and how it was fixed. Peloton have a service and repair team, so if you need help, parts or just want the experts to do things, they can help. Are your selling any accessories with the bike? It’s not essential, but it’s nice to have accessories like weights, a bike mat and anything else you may want to purchase as part of the deal, as this can be a good negotiation point and saving. How do you accept payment and do you offer a returns option? This all depends on where you buy the bike from, and some marketplaces and payment services, like PayPal, and some credit cards too, have added protection, but it’s worth asking. Ask the seller if you are able to return the bike too, you never know, you may just not get on with the bike or have issues you missed before purchasing, especially if you couldn’t see it and test it in person. How did you pay for your Peloton? Depending on local laws, you need to be careful, so check if the seller paid in full for the bike, has cleared any finance on it or if money is still owed. If money is owed and the loan is secured to the bike be extra careful, you don’t want to hand over money only to find out somebody else has legal ownership of the bike. Do you have any prepaid subscription remaining and if so, will that be transferred? Unlike a Peloton warranty, the owner can transfer any unused time or credit they have. It’s easy to do with the seller calling Peloton with your name and email details. How Much Should A Used Peloton Bike or Bike+ Cost? The price of a used Peloton Bike will depend heavily on the condition of the bike. How old the Peloton bike is or any potential damage to it will affect the price, as will the availability of new bikes and where it’s located. It’s a market where supply and demand are the main factors and so major savings are unlikely as it’s a highly desirable item. Here is a price guide for Peloton Bikes and Bike+ in very good condition: USAUKPeloton Bike Gen 1(with screen upgrade)$1,300 - $1,500Peloton Bike Gen 2$1,300 - $1,600Peloton Bike Generation 3$1,500 - $1,800£1,200 - £1,800Peloton Bike+$2,200 - $2,400£2,000 - £2,200 There are many bikes advertise above these guide prices, especially almost new ones, and a smaller number below, but at least this gives you a starting point for negotiation. Paying for your Peloton Bike or Bike+ is something you can agree with the seller, but often a deposit via a service like PayPal is common, but always make sure you protect yourself, especially if you are not looking at or picking up the bike in person. Can You Transfer A Peloton Bike or Bike+ Warranty? In short, the answer is no. It is not possible to transfer the warranty of a Peloton Bike or Bike+ from one person to another. What happens to the warranty? When you buy a used Peloton Bike, the previous owner will have to disconnect their account from the bike. Once you have bought and registered your own account with the used Peloton Bike, it will no longer be covered under the original warranty the previous owner had when they bought the bike. Even if there was still warranty time left on the Peloton Bike, you will not have access to this warranty once the original owner of the bike disconnects their account. How will not being able to access the warranty affect me? Because the warranty of a Peloton is non-transferrable, if something happens to your bike, for example, if there is a fault or some kind of damage appears, you cannot rely on the original warranty for the Peloton Bike. So, when you buy a used bike, you will not automatically have access to Peloton technicians for free under warranty. This is probably the biggest disadvantage of buying a used bike instead of a new one, because new Peloton Bikes come with warranty. However, it is still possible for you to personally pay for repairs to be completed by a Peloton technician to your used Peloton Bike if something does go wrong! It’s also possible to buy an extended warranty for the bike. Can You Buy a Peloton Bike or Bike+ Extended Warranty and is it a Good Idea? Yes, you can buy an extended warranty plan for your Peloton Bike. What I would say is that Peloton products are very well made but problems do occur, so whether a warranty is right for you is only something you can decide. What’s the cost of an extended Peloton Bike and Bike+ warranty? USA (12 months)USA (27 months)Peloton Bike$145$185Peloton Bike+$175$230 UK (12 months)UK (27 months)Peloton Bike£145£185Peloton Bike+£170£225 If you don’t have a warranty a one-time appointment for repairs performed by a Peloton technician will likely cost you upwards of $200 or in the UK, £95 to £145, depending on the specific problem with your bike. So, buying an extended warranty can save you money if you need a repair on a bike. What does the warranty cover? The extended warranty will cover any technical problems you may have with your Peloton Bike, and any breakdowns. Under the Peloton Bike extended warranty plan, a Peloton technician will be available to come to your house and perform repairs for free. However, the warranty does not cover any damage to the appearance of the bike. This means that if your bike gets scuffs or scratches you will not be able to use the extended warranty to repair this. You can see warranty details for Peloton USA Terms by clicking here You can see warranty details for Peloton UK Terms by clicking here Accessories and other things you could buy for a used Peloton bike Once you get hooked, you’ll probably want to start treating yourself to new workout gear, maybe as a reward for hitting milestones, but to start with keep things simple, so here’s what I suggest you buy: Cycling shoes You can buy toe cages and wear normal training or running shoes, but proper cycling shoes will give you much more feeling, help you improve your technique, reduce the risk of injury and make the whole Peloton experience much better. Cycle Shorts You don’t need something designed for riders on the Tour de France, but padded cycle shorts are well worth the money and you can buy them easily from places like Amazon. A Water Bottle You’re going to sweat as you ride, so staying hydrated is important. And the fact there are two bottle holders on the bike should give you a clue as to how important this accessory is. And just make sure you have a towel handy when you ride too, but any old one will do to start with. Other things like a bike mat, foam roller for after ride recovery and a yoga mat are nice to have but not essential, and I wouldn’t worry too much about weights to start with, unless you want to do bike bootcamp and strength training classes. For a full list of recommended gear and accessories that I’ve personally tested and use, by Peloton and other companies large and small, check out the whole section on this via the menu, or just click here. Can You Take Over A Seller’s Peloton Subscription? It’s not necessary to take over the Peloton Bike subscription of the previous owner. This is because the seller should disconnect their account from the bike, so you can add your own membership account to the bike. One good tip to know is that if the previous seller has prepaid subscription credits on their Peloton Bike membership, it is possible to transfer these from their account to your account as mentioned earlier. How to Relocate Your Peloton Bike or Bike+ Once you have chosen your used Peloton Bike, it’s time to work out how to safely relocate it without damaging the bike, in particular, the screen of the bike. It might be possible to fit a Peloton Bike into the back of your SUV or car depending on the space you have in the back. Alternatively, you might need to hire or borrow a small van, truck or trailer to transport the Peloton Bike. Or you could hire a delivery service to transport the bike for you. One thing to bear in mind is that Peloton bikes are heavy, so be careful and get help if you can, especially when lifting the bike up. Moving it on the ground is easier using the wheels, but still be careful. For a full article on how to safely relocate a Peloton Bike or Bike+ check out an article I’ve written about this. What the Seller Should Do Before Selling You A Peloton Bike or Bike+ The seller must remove their subscription account from the Peloton Bike before they sell you the bike. In order for you to connect your subscription account to the Peloton Bike, the previous owner will first need to disconnect their account from the bike. I suggest that the screen and pedals are removed and carefully packaged up before moving the bike. And to make moving the bike easier lower the seat and handlebars too. If possible, be involved in removing the screen and pedals so you can do it carefully and see what was done, so putting it all back together is easy too. You’ll also find help and instruction manuals on Peloton’s website too which could be very helpful too. What to do once you have the bike home I appreciate you’ll just want to get riding, but take your time to reassemble the bike, set up your subscription, check things are correctly connected, especially the handlebars, seat and pedals and that things are working just as they did when you check things over before buying. If you have a chance, sign up to Peloton via their App before the bike arrives, this way you’ll be all set as soon as you have the bike, and it give you a chance to check out the instructors, classes and way things work in advance. Then follow Peloton’s bike setup guide for all the riders who are going to use the bike and then it’s time to get going, just as you would with a new Peloton Bike or Bike+. If you want to know more about this you can visit Peloton’s website and checkout the article I’ve written just for new riders. I hope you’ve found this helpful and don’t forget to send me a “High Five” if you see me on the leaderboard.

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