Peloton Regret: 5 Reasons I Sold My Bike

Have you experienced Peloton regret?

Same here!

peloton regret - 5 reasons i sold my bike

I’ve wanted to get into the best shape of my life for a very long time and I can honestly say now that I’m feeling good and am really happy with the results!

If you’ve read my Peloton weight loss journey post, you already know that I lost 32 pounds with my bike in 3 months (40 pounds total but haven’t updated that post yet).

But it wasn’t the bike or instructors on this platform alone that helped me lose the weight.

Better eating decisions and a conscious effort to stay active even on my days off the bike were crucial in my fitness journey.

This post covers 5 reasons I sold my Peloton plus:

Is Peloton a waste of money
Is Peloton worth it in 2022
How to sell a used Peloton

Disclosure: Affiliate links are used throughout this post. You can read our full disclosure here.

Peloton Regret: 5 Reasons Why I Sold My Bike

Politics
Pricing
Uncertain future
Moving away from the digital world
Active time with the kids

Let’s start from the beginning.

1. Politics

I don’t know about you but when I’m working out, I like to clear my head rather than listen to a lecture.

And while some instructors like Ben and Sam don’t dive into politics all that much (maybe because they’re from the UK), the US instructors can get on your nerves after a while.

I’m in Canada so US issues don’t concern me as much as Canadian ones do.

I also don’t have political loyalty to anyone – that means I’m not left and not right.

Like many of you reading this, I like to think for myself!

And when brands push one side too much, it makes me want to run for the hills!

In my opinion, Peloton and many users take it way too far.

Do your own research to find:

which political hashtags are banned (and which aren’t)
the controversy surrounding Christian music rides

2. Pricing

Ok, so the cost didn’t bother me as much in the beginning – especially because three people in my household were using it.

But as the pricing continued to increase for those who have the official Peloton bike versus those who use the app, it started to bother me!

Why would a company punish those who spent thousands on their product with higher monthly fees without raising it in the slightest for digital app users?

Effective June 1st, 2022, Peloton’s all-access subscription will increase from $39 to $44 a month in the United States and from $49 to $55 a month in Canada!

Meaning, that it’ll cost US riders $528 a year and Canadians $660 a year to continue using their Peloton bikes.

And although the overall increases are $60 and $72 a year, respectively, it was honestly expensive to use even before the price increase.

Meanwhile, the digital membership will remain at $12.99 a month.

I don’t know about you but I’m getting tired of paying monthly subscriptions for just about everything!

More Fitness Tips + Reviews:

3. Uncertain future

When former instructor, Chase Tucker, announced he was leaving Peloton in March, 2022, I decided it was time to sell my bike.

Although he wasn’t one of my go-to instructors, he was a fan favorite and left at a time when plenty of other changes were taking place.

Former CEO, John Foley, stepped down in February, 2022.

Compared to just last month, Peloton’s stock is also down 28.5% (at the time of writing this) – it’s down 42.0% from one year ago!

Now, I don’t think the company will ever go completely bankrupt and in fact, Nike, Apple, and Amazon have already been exploring bids.

But, if it did go under, Peloton owners would be left with a huge, expensive, and heavy piece of metal that offers a place to move your legs – without any analytics.

Heck, even the resistance knob doesn’t actually display any details on it.

This leads me to my next point.

4. Moving away from the digital world

I don’t know about you but sometimes I need a break from screens and technology!

Since I work on a computer, I don’t like spending my free time on one.

A 2014 Nielsen report showed that adults who log 11 hours of screen time per day experienced negative effects related to:

vision
sleep
weight
overall health
addiction and reward seeking

I’ll be the first one to admit it – spending one hour working out in front of a screen is better than not working out at all!

But if the option is available to go outside for a bike ride or walk, to lift weights at the gym or at home with a friend, your workout time doesn’t have to contribute to the overwhelming amount of screentime many of us are already exposed to.

The average American gets about 10 hours and 39 minutes a day of screen time when you combine computer, cell phone, video games, tablet, and television use.

5. Active time with the kids

When I was working out like crazy on my Peloton, it was a rush to get my baby to sleep and my preschooler onto her tablet so I could get a class in.

But eventually, I came to resent this routine.

My baby would often wake up mid-workout and I always find my preschooler moody after too much tablet time!

It just didn’t work for us anymore.

So, these days, I prefer to take my babies on a walk – whether it’s outdoors (when the weather is nice) or inside a mall (when the weather isn’t working out for us – we live in Vancouver and have an average of 169 rainy days a year).

Now that my baby is a toddler, this also means spending more time at the park and in the backyard.

We play, run around together, and have dance parties during the day!

But when the girls go to sleep, I have five sets of dumbbells downstairs to continue my strength training 🙂

An hour of active time with the girls during the day and half an hour of lifting weights in the evening has helped me lose another 10 pounds (I’ve lost 50 since September 2021).

Is Peloton a waste of money?

A membership at Gold’s Gym is about $350 a year but you probably have a rec center or local gym that costs even less!

This includes the cost of equipment but NOT the price of fuel or transportation to get there.

You also won’t need to find a spot for your equipment at home if it’s is at the gym – a major win if you have a small space.

Consider your personal budget and see what makes the most sense for you – in the beginning, I loved my Peloton because I didn’t have to get ready to go anywhere which would have been challenging with kids anyway!

For me, the Peloton bike served its purpose.

But as my needs and lifestyle changed, it became a waste of money.

I’d rather go for walks with my kids daily and lift weights in the evenings.

Free weights are a one-time investment that don’t take up a lot of space.

I have five sets – 5, 10, 15, 20, and 25 pounds.

Is Peloton worth it in 2022?

In my personal opinion, no.

It’s too expensive to get started with the bike and all-access membership.

If you really want to try Peloton, start with strength training on the digital membership – it’s $12.99 a month and will give you an understanding of what classes are like.

This set of weights is perfect for someone new and committed to improving their fitness.

How to Sell a Used Peloton

Selling your used Peloton is easy.

First, you’ll want to cancel your subscription – make sure its cancelled NOT paused.

Then, log out of your account on the bike.

Take some nice pictures of all sides of the bike and any add-ons you’ve purchased – shoes, phone holder, etc – and list it on Facebook Marketplace or wherever you feel comfortable selling.

Where to Sell Peloton Bike

I like Facebook because it lets me check out the profiles of potential buyers before I invite them to pick up an item.

I managed to sell my original Peloton bike with two sets of shoes, bike weights, a phone holder, and a Wahoo Tickr, for exactly what they’re charging for a new bike in Canada now.

And I have to say – that $350 delivery and setup fee is pretty outrageous.

It was free when I got my bike!

Where to Sell Peloton Shoes

If you weren’t as fortunate as I was to sell your bike with all accessories, you can try Poshmark to sell your Peloton shoes!

Generally, Poshmark buyers will spend A LOT more on clothing items than Facebook shoppers will.

Poshmark users tend to search for specific items and are willing to spend the money to get exactly what they want.

Facebook users, on the other hand, like to buy bundles of clothing!

Know your clientele!

Final Thoughts: Peloton Regret + What I’m Doing Instead

I loved my Peloton for a long time but as the company and I both evolved, I realized that it was time to go our separate ways.

I’ve never liked brands who push political views – it doesn’t matter what side of the coin their own.

From what other moms have told me, NordicTrack is the way to go if you want the Peloton experience without the narrative.

Personally, I’ll be sticking to walks outdoors and free weights for my fitness!

This neoprene set includes 5, 10, and 15-pound weights which is everything a newcomer needs to get started.

Do you regret purchasing your Peloton bike or tread? What are you doing instead?

I’d love to hear your thoughts in the comments below 🙂