Peloton lowers price of its Bike to $1,495

Peloton has reduced the entry-level stationary bicycle's price for the second year in a row. The machine can be purchased starting today for $1,495. This is almost a 20% discount on the $1,895 that the company had sold the bike for since September last year. Peloton also drops prices in Australia Canada Germany the UK. Peloton is also reducing the cost of financing the machine in the US by $10-$39 per month.
Despite today's announcement, the Pelton Membership cost will remain unchanged at $39 per month. To get the best out of your bike, you will need a subscription.