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Ars Technica

Ars Technica

Peloton announces $95 “used equipment activation fee”

Ars Technica
Summary
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79% Informative

Peloton will charge a one -time $ 95 "used equipment activation fee" for used bikes purchased outside of Peloton .

The fee will apply in the US and Canada .

Secondhand bikes already help make Peloton money, but the fee could be seen as a deterrent to the used market.

Peloton 's hardware sales have tumbled since the COVID-19 pandemic.