- Peloton Interactive Inc PTON Has started a new refurbished bike program, Peloton certified and refurbished.
- Refurbished Peloton Bike retails for $1,145, a savings of $300 compared to a new Peloton Bike, and the Refurbished Peloton Bike+ retails for $1,995, a savings of $500 compared to a new Peloton Bike+.
- The new offering will be available in the continental US and Canada.
- Each refurbished product is inspected, cleaned and tested to meet Peloton standards and carries the same 12-month limited warranty.
- The refurbished bikes will include the same features as the new Peloton Bike/Bike+.
- “We are excited to offer Peloton refurbished bikes at these new price points and to open up the immersive Peloton experience to even more members,” said Amanda Shulman, Vice President of Emerging Business & Strategic Partnerships.
- also read: 5 Peloton analysts break down the pandemic-stock favorite’s first-quarter revenue loss
- Price promotion: PTON shares are trading 0.11% lower at $8.88 on the latest check Tuesday premarket.
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