4 ms·

It's a lot cheaper than a monthly gym membership, but way more than say, Apple Fitness and others offer. Having not used their software or hardware, I'd assume

It's a lot cheaper than a monthly gym membership, but way more than say, Apple Fitness and others offer. Having not used their software or hardware, I'd assume that for people purchasing a really expensive bike, $40/mo isn't bad. Still...it feels steep.

voisin 5y ago
If Apple roles out GymKit more broadly to consumer devices, that will allow the average person to pay significantly less for both hardware and SaaS subscription. I imagine this would be a catastrophic event for Peloton.
ivanche 5y ago
Waaat? How much is gym membership in the US then if $40 is much cheaper? Edit: Thanks everybody for the explanation. In my head, gym == myself + good ol' iron. It seems that that is cheap in the US as well as in Europe :)
- jakeinspace 5y ago
  Between $10 and $300/month, depending on how fancy (or crosfitty) you want, and where you’re located. The really expensive gyms near me seem to be heavily populated by very attractive young people, so I guess that’s an ancillary benefit if you care about that. I wonder if they offer hot-person subsidies…
- dvtrn 5y ago
  Depends on what you're getting out of the gym membership. If you're just going to the gym, walking on a treadmill and doing curls for a bit, gym memberships can be incredibly cheap. If you (like my SO) is going to the gym and using multiple provided amenities and training programs, that price can get very pricy very fast because those amenities are usually upcharged.
- thebigman433 5y ago
  Gym memberships range from 10$ to hundreds, but the big thing is the class price. If you want to do classes on bikes/dancing/yoga/whatever, they are usually an absolute minimum of 10$/each, which is what makes the Peloton monthly attractive for people I think
  - astura 5y ago
    A decade ago I paid $35/month for unlimited classes at my gym. I could only attend maximum of 2/week due to scheduling (I wasn't interested in every class). I thought that was an excellent deal back then. So I can really see the appeal.
    - thebigman433 5y ago
      Yea classes are super expensive. If you get into martial arts, then youre easily looking at a couple hundred/month minimum
- graywh 5y ago
  anything less than $40/month is probably just access to weight lifting equipment if you want classes led by an instructor, you're probably paying more than that -- e.g., the YMCA in my city starts at $50/month/person
- snapetom 5y ago
  In addition to the monthly fees that others have mentioned, there's usually an upfront "setup" fee of a few hundred dollars. Gyms have traditionally done shady shit to lock you in, too.

voisin 5y ago

If Apple roles out GymKit more broadly to consumer devices, that will allow the average person to pay significantly less for both hardware and SaaS subscription. I imagine this would be a catastrophic event for Peloton.

ivanche 5y ago

Waaat? How much is gym membership in the US then if $40 is much cheaper? Edit: Thanks everybody for the explanation. In my head, gym == myself + good ol' iron. It seems that that is cheap in the US as well as in Europe :)

jakeinspace 5y ago
Between $10 and $300/month, depending on how fancy (or crosfitty) you want, and where you’re located. The really expensive gyms near me seem to be heavily populated by very attractive young people, so I guess that’s an ancillary benefit if you care about that. I wonder if they offer hot-person subsidies…
dvtrn 5y ago
Depends on what you're getting out of the gym membership. If you're just going to the gym, walking on a treadmill and doing curls for a bit, gym memberships can be incredibly cheap. If you (like my SO) is going to the gym and using multiple provided amenities and training programs, that price can get very pricy very fast because those amenities are usually upcharged.
thebigman433 5y ago
Gym memberships range from 10$ to hundreds, but the big thing is the class price. If you want to do classes on bikes/dancing/yoga/whatever, they are usually an absolute minimum of 10$/each, which is what makes the Peloton monthly attractive for people I think
- astura 5y ago
  A decade ago I paid $35/month for unlimited classes at my gym. I could only attend maximum of 2/week due to scheduling (I wasn't interested in every class). I thought that was an excellent deal back then. So I can really see the appeal.
  - thebigman433 5y ago
    Yea classes are super expensive. If you get into martial arts, then youre easily looking at a couple hundred/month minimum
graywh 5y ago
anything less than $40/month is probably just access to weight lifting equipment if you want classes led by an instructor, you're probably paying more than that -- e.g., the YMCA in my city starts at $50/month/person
snapetom 5y ago
In addition to the monthly fees that others have mentioned, there's usually an upfront "setup" fee of a few hundred dollars. Gyms have traditionally done shady shit to lock you in, too.