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I am curious about the legality of this. This directly diminishes the value of Peloton bikes for sellers. Imagine if the fee was so high that it was greater tha
by MattSteelblade 2y ago
I am curious about the legality of this. This directly diminishes the value of Peloton bikes for sellers. Imagine if the fee was so high that it was greater than the value of the bike; the used market would obviously be affected. If there was no subscription, but a purchased license, I would understand that argument, but a fee on top of a monthly subscription?
My question is, preferably to a contract lawyer, would Peloton owners have a case to make that Peloton has diminished the value of their property by $95? Is that even a thing? If there was a competitive marketplace, for example, an alternate service for you to hook your bike up to, it would be an argument against this; but as far as I am aware, a Peloton bike can only be used with Peloton's services.