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Re:Peloton replaces CEO and lays off 2,800 people by FinalBriefing on Tuesday February 08, 2022 @11:18AM (#30260278)
It's a lot cheaper than a monthly gym membership, but way more than say, Apple Fitness and others offer.

Having not used their software or hardware, I'd assume that for people purchasing a really expensive bike, $40/mo isn't bad. Still...it feels steep.

Re:Peloton replaces CEO and lays off 2,800 people by ivanche on Tuesday February 08, 2022 @11:45AM (#30260710)
Waaat? How much is gym membership in the US then if $40 is much cheaper?

Edit: Thanks everybody for the explanation. In my head, gym == myself + good ol' iron. It seems that that is cheap in the US as well as in Europe :)

Re:Peloton replaces CEO and lays off 2,800 people by jakeinspace on Tuesday February 08, 2022 @11:55AM (#30260875)
Between $10 and $300/month, depending on how fancy (or crosfitty) you want, and where you’re located. The really expensive gyms near me seem to be heavily populated by very attractive young people, so I guess that’s an ancillary benefit if you care about that. I wonder if they offer hot-person subsidies…
Re:Peloton replaces CEO and lays off 2,800 people by dvtrn on Tuesday February 08, 2022 @12:09PM (#30261068)
Depends on what you're getting out of the gym membership. If you're just going to the gym, walking on a treadmill and doing curls for a bit, gym memberships can be incredibly cheap.

If you (like my SO) is going to the gym and using multiple provided amenities and training programs, that price can get very pricy very fast because those amenities are usually upcharged.

Re:Peloton replaces CEO and lays off 2,800 people by thebigman433 on Tuesday February 08, 2022 @12:09PM (#30261075)
Gym memberships range from 10$ to hundreds, but the big thing is the class price. If you want to do classes on bikes/dancing/yoga/whatever, they are usually an absolute minimum of 10$/each, which is what makes the Peloton monthly attractive for people I think
Re:Peloton replaces CEO and lays off 2,800 people by astura on Tuesday February 08, 2022 @12:37PM (#30261559)
A decade ago I paid $35/month for unlimited classes at my gym. I could only attend maximum of 2/week due to scheduling (I wasn't interested in every class). I thought that was an excellent deal back then.

So I can really see the appeal.

Re:Peloton replaces CEO and lays off 2,800 people by thebigman433 on Tuesday February 08, 2022 @01:57PM (#30262788)
Yea classes are super expensive. If you get into martial arts, then youre easily looking at a couple hundred/month minimum
Re:Peloton replaces CEO and lays off 2,800 people by graywh on Tuesday February 08, 2022 @12:14PM (#30261151)
anything less than $40/month is probably just access to weight lifting equipment

if you want classes led by an instructor, you're probably paying more than that -- e.g., the YMCA in my city starts at $50/month/person

Re:Peloton replaces CEO and lays off 2,800 people by snapetom on Tuesday February 08, 2022 @12:54PM (#30261827)
In addition to the monthly fees that others have mentioned, there's usually an upfront "setup" fee of a few hundred dollars. Gyms have traditionally done shady shit to lock you in, too.
Re:Peloton replaces CEO and lays off 2,800 people by voisin on Tuesday February 08, 2022 @11:27AM (#30260400)
If Apple roles out GymKit more broadly to consumer devices, that will allow the average person to pay significantly less for both hardware and SaaS subscription. I imagine this would be a catastrophic event for Peloton.