Peloton adds $95 activation fee for used equipment

https://techcrunch.com/2024/08/23/peloton-adds-95-activation-fee-for-used-equipment/

The move is an effort to squeeze additional revenue from second-hand products, over concerns that cheaper, slightly used bikes, treadmills and rowers could cannibalize used sales.

92 points · 3 comments · view on lemmy.world

3 Comments

eee@lemm.ee · 12 pts · 1y (1 reply)

I hope this makes less people buy used Pelotons which in turn makes Pelotons less desirable.

davidgro@lemmy.world · 5 pts · 1y

I certainly wouldn't want to buy something like that which is guaranteed to be hard to sell later.

Chee_Koala@lemmy.world · 4 pts · 1y

How to tell my customers I hate them 101. Also, obstructing second hand sales like this with a bogus charge might well be illegal in the eu zone.