[quote=Coronita]What do you guys think about shorting Peloton?
I mean these $2500 stationary bikes are cute an all. And they might have been popular recently with all these stay at home orders that prevented people from going to the gym.
But as these things gradually lift, do people really want to pay $2500 for a stationary bike and additional $40/month subscription fee? It just seems like a very niche market.
although I wouldnt pay it, that price sounds fairly reasonable. you compare it not against a cheap stationary bike like you’d buy at a yard sale (or rather, like I’ve bought at a yard sale) but against the cost of going to the spin classes this presumably replaces. it actually saves money to buy the peloton. sort of.
p lus you get to live forever, for just 2,500. 😉
say u join CYCLEBAR, for example, a spin place where you come to get yelled at(motivated) and deafened by loud music. “unlimited” rides, 1 month, 119.00. so 1400 a year.
peloton is basically free in less than 2 years! or if you look at it from an investment perspective, you “invest $2500, and it throws off a 119.00 monthly dividend, like 5%, tax free A MONTH. 60% a year! how can u not buy a peloton! its the biggest money maker ever! plus the money and time u save driving to your spin place.
now me, i had this old schwinn stationary bike for many years, $40.00 (one time payemnt, paid in cash, possibly some of it in quarters) at a new mexico yard sale, had a big heavy front flywheel, was awesome! weighed a LOT. I used it all the time my kids were little, just pedaling like a maniac, for hours and and hours.
no video, no electronics, the “hill” or “sprint” adjustment was just these pads you’d dial down that would hold the flywheel a bit,
basically loud music and a lot of extra energy and testosterone kept me sweaty for hours. it was awesome, but probably wouldve taken a kids finger off if they’d gotten too close.
no one ever got injured. no maintenance was ever required. used zero electricity
now the thought of pedaling hard for hours on an exercise bike makes me feel like, well, that would be dumb.
i sold that vintage schwinn for right around what i paid for it years back (and I took my good saddle off, which id upgraded, pre-sale, everyone has their own preferences, so it was a little stripped down). probably changed hands a few times since then, i bet. was an old overbuilt, beautiful little model.
i do not miss it at all and i do not want anything like it.
but it definitely kept me in cycling condition during some wintry days, at least as good as any “peloton”
now, i do not want my heart rate at its max. I want to go outside for a long walk. if I want a workout, I’ll walk faster up a steep incline. the thought of staring at a computer screen while riding a peloton makes me very very sad.
but 20 years ago? I woudve bought a peloton, if id had the cash and wasnt such an incredibly cheap bastard. idefinitely wouldve wanted one
