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You’re paying the same or more for a regular gym membership. My wife pays $200/month+ for Pilates.

by edgefield 3y ago

ghaff 3y ago
Which requires going to a gym. Whether that's a feature or a bug depends on a lot of things.
system16 3y ago
You have an infinitely greater number of options for strength and cardio training at a gym than just a stationary bike.
ilikecakeandpie 3y ago
Yeah most of the replies here don't know what they're talking about. A gym membership at the YMCA here is $92/month and the spin class my girlfriend takes is about in line with the pilates price. The $50/month Peloton subscription with the purchase of bike hits breakeven after about a year or so
- linuxftw 3y ago
  I pay $17/mo for my local gym, they have weights, machines, and cardio equipment. I paid around $900 for my actual bike. Exercise bikes have been overpriced for a long while, and Peloton moved that price point to the moon when they first came out. Around $2k depending on how early and what model you bought one. That's more than a riding lawn mower. You're trying to tell me that the material costs and complexity and warranty work on a Peloton costs more than a riding lawn mower? Come on.
  - ilikecakeandpie 3y ago
    I didn't say anything about the costs of the materials or anything like that regarding the Peloton and I surely didn't say anything about lawnmowers. $17/month is a steal but that is an outlier and likely doesn't have the same benefits to a person buying the Peloton would be looking for. Does your gym have on demand programs or live classes you can join and compete with friends and others? Probably not. Pelotons now are about $1500 and the membership is $50 a month. After a calendar year, that's $2100 total spent. At the spin studio here (in a relatively LCOL area), the classes are $22 each with their best deal being unlimited rides at $195/month for a six month contract. Two of those contracts is $2,340 in a calendar year. After the first year, it's more cost effective to have a Peloton and the membership Value is in the eye of the consumer for sure. It's true that all of this likely overpriced but that's the market
- atchoo 3y ago
  £23/mo. for a 24 hour gym and free spin/yoga classes here. Free weights, olympic platform, cardio machines, showers etc. Peloton would likely be out of business by the time my gym costs would pay off the initial price but given the subscription, it never would.
  - ilikecakeandpie 3y ago
    That's a great deal for sure and the only value it seems the Peloton would give you would be that you're able to do it from home vs having to go to the gym. That is quite a premium to pay for that luxury
brianwawok 3y ago
Pilates has a live teacher to correct your form. So not really the same thing.

You’re paying the same or more for a regular gym membership. My wife pays $200/month+ for Pilates.

ghaff 3y ago

Which requires going to a gym. Whether that's a feature or a bug depends on a lot of things.

system16 3y ago

You have an infinitely greater number of options for strength and cardio training at a gym than just a stationary bike.

ilikecakeandpie 3y ago

Yeah most of the replies here don't know what they're talking about. A gym membership at the YMCA here is $92/month and the spin class my girlfriend takes is about in line with the pilates price. The $50/month Peloton subscription with the purchase of bike hits breakeven after about a year or so

linuxftw 3y ago
I pay $17/mo for my local gym, they have weights, machines, and cardio equipment. I paid around $900 for my actual bike. Exercise bikes have been overpriced for a long while, and Peloton moved that price point to the moon when they first came out. Around $2k depending on how early and what model you bought one. That's more than a riding lawn mower. You're trying to tell me that the material costs and complexity and warranty work on a Peloton costs more than a riding lawn mower? Come on.
- ilikecakeandpie 3y ago
  I didn't say anything about the costs of the materials or anything like that regarding the Peloton and I surely didn't say anything about lawnmowers. $17/month is a steal but that is an outlier and likely doesn't have the same benefits to a person buying the Peloton would be looking for. Does your gym have on demand programs or live classes you can join and compete with friends and others? Probably not. Pelotons now are about $1500 and the membership is $50 a month. After a calendar year, that's $2100 total spent. At the spin studio here (in a relatively LCOL area), the classes are $22 each with their best deal being unlimited rides at $195/month for a six month contract. Two of those contracts is $2,340 in a calendar year. After the first year, it's more cost effective to have a Peloton and the membership Value is in the eye of the consumer for sure. It's true that all of this likely overpriced but that's the market
atchoo 3y ago
£23/mo. for a 24 hour gym and free spin/yoga classes here. Free weights, olympic platform, cardio machines, showers etc. Peloton would likely be out of business by the time my gym costs would pay off the initial price but given the subscription, it never would.
- ilikecakeandpie 3y ago
  That's a great deal for sure and the only value it seems the Peloton would give you would be that you're able to do it from home vs having to go to the gym. That is quite a premium to pay for that luxury

brianwawok 3y ago

Pilates has a live teacher to correct your form. So not really the same thing.