You did it! You made the investment in a Peloton to help you get in shape and achieve your exercise objectives.
Some of your pals might give you a sideways glance and remark things like, “Of course, you joined on the new trends,” or “Oh, so like all you want to work out too.”
But it doesn’t bother you. They’re really just envious on the inside, and you know it.
You have full faith in your purchase, but you keep getting suggestions that you would benefit from the extended warranty.
Is it really worth it to get the Peloton warranty extension? Twelve months of coverage for a Peloton device might cost anywhere from $145 to $325, depending on the product and the duration of coverage desired. It’s expensive, but if you’re willing to “hit the pavement” every day, it’s money well spent.
How much you work out and how much money you have to spend will determine whether or not the Peloton additional warranty is worthwhile for you.
Is Peloton simply looking to maximize profits on a revolutionary new product? Just what do you get with the guarantees? Is there anything more we need to budget for? Let’s look into what your choices are.
|What Is Included in the Peloton Limited Warranty?||The guarantee will be voided if the item is resold after the original buyer decides they no longer want or need it.|
There is a 12-month warranty on the screen, a 5-year warranty on the frame, a 12-month warranty on the Bike and Bike+ components, a 12-month warranty on the pedals, and a 12-month guarantee on the labor when you buy a bike from Pelotons.
|Peloton Prolonged Warranty||If anything goes wrong with your Peloton within the first year, the company will send a technician to your location at no cost to you as part of the limited warranty.|
Their membership service makes it easy to file claims and get in touch with a technician to have your gadgets fixed. The extended warranty includes both parts and labor.
|To What Extent Can I Extend My Warranty, and How Much Would That Cost?||$145 to insure your bike for 12 months|
An additional $40 will provide you coverage for 27 months.
Tread and Tread+ owners can pay $270 for twelve months or $325 over fifteen months
|What Are the Extra Costs Involved in Buying a Peloton?||Peloton app monthly subscriptions start at $12.99. |
The app’s membership is restricted to mobile devices only.
Using your membership on your Peloton will cost you $39 per month.
|Is it Possible to Get Memberships Without Paying Anything?||There is typically a trial period of a few months when you initially purchase a Peloton exercise cycle to ensure that it meets your needs. |
The purpose of the free trial is to make you a loyal customer who keeps coming back for more of their service.
|Inclined Mechanical Means? Get Your Hands Off!||Both warranties are null and void if Peloton’s technicians decide that you or someone else tampered with the machine in any manner.|
What Is Included in the Peloton Limited Warranty?
Workout gear from Peloton comes with a normal one-year warranty from the company.
However, the limited guarantee is provided only for the original purchaser of the product, so if you purchase something and then decide you don’t need it or want it, you can’t resale it and keep the warranty.
When you purchase a bike from Pelotons, you’ll get a 12-month limited warranty on the screen, a 5-year limited warranty on the frame, a 12-month limited warranty on the Bike and Bike+ components, a 12-month limited warranty on the Bike and Bike+ pedals, and a 12-month limited guarantee on the labor.
They offer a 12-month warranty on the Tread and Tread+‘s touch screen, a 5-year warranty on the treadmill’s chassis, drive motor, and walking belt, a 12-month warranty on the Tread+’s components, and a 12-month warranty on the company’s labor.
Peloton Prolonged Warranty
As you can see, Peloton provides a limited warranty that lets you utilize your equipment risk-free for an entire year, knowing that if anything goes wrong with your machine, they will send someone out to fix it.
Using their subscription service, you can file claims without any hassle and quickly arrange for an expert to come to service your equipment. The additional warranty covers all components and labor.
All non-repairable bike and tread parts will be replaced by Peloton during the extended warranty period.
Normal wear and tear, as well as power surges, can create mechanical and electrical faults, which they repair.
However, they make it clear that the guarantee does not apply to any cosmetic blemishes or physical harm caused by anything like your dog gnawing on the equipment.
To What Extent Can I Extend My Warranty, and How Much Would That Cost?
They charge different amounts for their warranties depending on the type of equipment you have and how much you want to be covered.
It costs $145 to insure your bike for 12 months, but an additional $40 will provide you coverage for 27 months, for a grand total of $185. The Bike+, on the other hand, will set you back $230 over the course of 18 months.
Users of Tread will, alas, continue to see price hikes. Tread and Tread+ owners can pay $270 for twelve months or $325 over fifteen months for an extended warranty.
What Are the Extra Costs Involved in Buying a Peloton?
You still have work to do even after you’ve got your bike or treadmill. Subscribing to Peloton’s monthly service grants you entry to the platform’s trails, fitness classes, and health-tracking features.
While $39 monthly may seem like a lot, taking into account the potential savings on gym membership fees, gas money, and time, it may be well worthwhile.
Is it Possible to Get Memberships Without Paying Anything?
You read that correctly; there really are methods for obtaining a free Peloton subscription. When you first invest in a Peloton exercise bike, you usually get a trial period of a few months to see if it’s right for you.
Providing a free trial is designed to get you hooked on their service so you continue to return for even more.
If you have used up your trial period, all is not lost. Insurance companies are beginning to realize that investing in their customers’ health can reduce the number of office visits and related costs.
Blue Cross-Blue Shield and other insurance companies will cover the cost of your gym membership and in certain cases even your Peloton subscription. At last, people are beginning to see the value of investing in one’s health in this way.
Get in touch with your insurance company and ask if they will reimburse you for your Peloton membership.
Inclined Mechanical Means? Get Your Hands Off!
If you’ve chosen against purchasing the extended warranty and you’re still in the first year of owning your Peloton, the limited warranty applies.
You and your helpful companion may be tempted to rush towards a solution to a minor problem because you think it will be quick and painless.
If the technicians at Peloton determine that you or any other person has altered the machine in any way, both warranties become null and invalid.
If something happens to your equipment outside of the warranty period, and you haven’t interfered with the equipment, Peloton will discount your initial replacement to half price.
Frequently Asked Questions
Q: How much of an investment would a Peloton really be?
You should buy a Peloton workout bike if you intend to use it frequently and routinely.
The hefty initial cost and ongoing monthly subscription charge for the Peloton are eventually offset by the benefits of using the bike on a regular basis.
Q: Where can I get something less expensive than a Peloton?
An echelon is a great option if you’re looking for a cheaper alternative to Peloton without having to sacrifice features.
Live and on-demand classes are available, just like with Peloton, but the company’s hardware and subscription are much more affordable.
Q: Do special cycling shoes have to be used with a Peloton?
You can attach cleats designed for the Delta system to the soles of your Peloton shoes and any other cycling footwear with a three-screw hole configuration to use the Peloton Bike.
To get the most out of your ride, we recommend using the pedals that came with your Bike. We advise riding in shoes that are compatible with the Delta clip system for the safest possible experience.
- There is a 12-month warranty on the screen, a 5-year warranty on the frame, a 12-month warranty on the Bike and Bike+ components, a 12-month warranty on the pedals, and a 12-month guarantee on the labor when you buy a bike from Pelotons.
- If anything goes wrong with your Peloton within the first year, the company will send a technician to your location at no cost to you as part of the limited warranty.
- Using your membership on your Peloton will cost you $39 per month.
- There is typically a trial period of a few months when you initially purchase a Peloton exercise cycle to ensure that it meets your needs.
- Both warranties are null and void if Peloton’s technicians decide that you or someone else tampered with the machine in any manner.