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Peloton confirmed to CNBC that starting today it will start to trial a new pricing system. The new system will have customers pay a single monthly fee for both their workout equipment and for access to Peloton’s on-demand fitness classes. If you decide you don't want a Peloton anymore and want to cancel, Peloton would take back the Bike.
The test will run for a period of time in Texas, Florida, Minnesota and Denver, for monthly fees ranging between $60 and $100. You will be able to choose this option only through Peloton’s brick-and-mortar stores or its fitness studios.
Do you own a Peloton? What do you think of this new pricing system?
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