Peloton announces $95 “used equipment activation fee”

Technology@lemmy.world – 605 points – 1 months ago

Peloton is introducing a $95 "used equipment activation fee" for bikes purchased from outside its official channels in the US and Canada, aiming to boost revenue and maintain onboarding quality for new subscribers.
The fee has sparked criticism as it reduces the cost savings typically associated with buying secondhand equipment and diverges from practices in other industries, potentially discouraging used market purchases.
Peloton's hardware sales continue to decline, but subscription revenue has seen slight growth; the company still faces financial struggles despite cost-cutting measures and layoffs.

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So you're saying there will soon be a scene dedicated to cracking Peloton software.

Cuz that's what I'm hearing.

Already exists. The Peloton subreddit has a guide on rooting your bike and installing custom apks.

Damn. Might be time to pick up a used one.

Thanks for the heads up.