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Peloton Hack: How I Saved Thousands

Sunny Health Bike

How I recreated the Peloton experience for a fraction of the cost both upfront and monthly.

Disclaimer: In the name of full transparency, please be aware that this blog post contains affiliate links and any purchases made through such links will result in a small commission for me (at no extra cost for you). As an Amazon Associate I earn from qualifying purchases. I am not a finance expert. Anything written here are just personal experiences and my own opinions.

I want a Peloton, but it’s just too expensive.

Are you like me and get jealous every time you see someone on social media posting that they got a Peloton? Well, if you are, please keep reading. I will let you in on my secret for how this penny-pincher was able to replicate the same amazing experience for less than $500 for the first-year vs the typical Peloton rate of $3000. I don’t know about you, but I think a $2500 savings is reason enough to keep reading. This Peloton hack is a game changer!

The 5 AM gym routine.

Let me put you in my 2019 mindset. We are pre-pandemic and I am going to the gym at 5:30 am for a cycling class. Meaning I have to get up by 5 am, get ready and drive to the gym while it is still pitch-black outside. I do it though because I love the class, but then I get there and the instructor doesn’t show. WORST FEELING EVER! Like I just got my butt out of my warm bed and came all the way here to work out with you and you can’t even show up!

Now I get it things come up, but it is still a crushing blow to my motivation in the morning and starts my day off on the wrong foot. Now I have to do my own workout (in a bad mood) and it is hardly productive and then I drive home annoyed and have to go to work.

I want a Peloton!

After that I really started thinking about getting a Peloton. You see the appeal, work out from home, live and on demand classes at your fingertips. I can do it on my schedule – plus I don’t have to go outside in the cold at 5 am! Bonus, absolutely no chance that the instructor will bail out last minute because there are thousands of rides I can take.

So, I go to their website and do some research, then I have a sinking feeling in my gut as soon as I get to the price. Not only do I have to pay $40 dollars a month (which is double my current gym membership) but there is about a $2500 upfront cost for the bike and shoes. Whelp, that crushed all my hopes of making this happen.

As we know I am a stickler when it comes to my budget and this certainly was not in it especially with saving to buy a house. I put the idea out of my head. Although, every time I had to get up to go to the gym or let’s be honest, when I said I was going to get up and go to the gym and didn’t because I couldn’t get out of bed, I thought about how nice it would be to have a Peloton.

Shhh – the Peloton hack secret

Fast forward a few months and we are now in a global pandemic and everything is closed. I certainly can’t go to the gym even if I could get my butt out of bed at 5. That’s when I started really really wanting a Peloton, but again I had my money goals and my budget and it just didn’t fit. So I stuck to my guns and didn’t get it. Don’t stop reading though, it is about to get better!

Finally, I am just browsing Pinterest and I see that you can get a digital subscription to the Peloton classes without having the bike and it is only $12.99 a month! WHAT?!? I was so excited; $12.99, now that definitely fit into my monthly budget (especially since I cancelled my gym membership ages ago). Why isn’t anyone shouting this from the rooftops? Why am I just finding out about this? Well lucky for you I am here shouting it! YOU CAN GET THE PELOTON EXPERIENCE FOR $12.99 A MONTH!!

The bike search

I did some more digging to see if this was really true and turns out, it really is! There is still one problem. I only have access to the digital app (on my phone, iPad, tablet, or Roku TV (I use my tablet)), but I am missing a big part of what I need here. The bike!

I did my due diligence (you know I did my price comparisons) and I found the Sunny Health & Fitness Endurance Magnetic Belt Drive Indoor Cycling Exercise Bike on Amazon. This bike is perfect for the Peloton hack because it comes with a tablet stand, bottle holder, and most importantly, a cadence monitor.

The second part of this equation is the stats. When you are riding with Peloton the instructors tell you the cadence (how fast you should be pedaling) and the resistance (how heavy the pedals are to push on), but with the digital app it doesn’t show this on the screen.

Never fear, this hack covers that too. The reason I got this bike is because it has a monitor that shows you, your heart rate and RPMs. You can use your RPM reading as your cadence reading. So, when the instructor says to be at 75 cadence just make sure your RPMs are at 75. Then for the resistance you can math it out. Count how many full rotations it takes to get to the max weight and then divide that by 100. Let’s say it takes 10 rotations to get to max resistance that means, if the instructor tells you to be at 40 on the resistance you just need to turn the knob 4 times.

The penny-pinching

The bike had great reviews and was on sale for $325 dollars. Plus, I had rewards from my Discover IT card (if you don’t have one I highly recommend, great revolving cash back program) plus a gift card from Christmas and always make sure you check out Rakuten to see if you can get more discounts! All these penny-pinching techniques brought my total price for this Peloton hack to only $225!

Now $225 is still a big chunk of change in my book so it wasn’t just something that I was going to take from my monthly budget. Lucky for me I have my fun account – which you can read about here and start setting up your bank accounts for success today. Additionally, I had just received my $600 stimulus check! So, while I put $500 of that into savings, I had put $100 in my fun account just for times like this.

So, I went ahead and purchased the bike, signed up for the Peloton digital app (which I got 3 months free of by the way – timing is everything) and I waited (not very patiently) for my bike to arrive.

How did it turn out?

When my bike got here I immediately set it up. It only took about an hour and I did it by myself – super easy. I would recommend having someone help you carry the box though, it is really heavy. I was riding in no time and I cannot tell you how happy I was to be taking spin classes again! Just getting that morning workout in with the amazing Peloton instructors, jamming to my favorite pop tunes and some Disney classics 😊 I was in heaven.

I am so glad that I took the leap and did this Peloton hack. It has changed my morning routine for the better, gotten me back into fitness and given me so much joy not only from the rides but from the money savings 😊.

If you are like me and have been longing for a Peloton but just can’t afford it, try out this hack today. You won’t regret it! If you missed it above here is the link to the bike I purchased and the Peloton digital membership.

Happy riding and happy penny-pinching friends!

If you enjoyed this hack, take a look at some of my other ways to keep those bank accounts full and your life fuller!

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