Peloton is Getting Cheaper With New Bike and Tread Options There's a new pricier bike and a more affordable treadmill.

By Daniel Cooper Edited by Jessica Thomas

This story originally appeared on Engadget

Peloton via engadget

The rumors were true. Peloton, the company synonymous with at-home exercise, is updating its eponymous connected bike and treadmill. The Peloton Bike+ packs a slightly larger, 23.8-inch rotating touchscreen that'll turn away from the ride position, making floor classes (like yoga) far easier. As well as the more mobile display, you'll find a new four-speaker sound system and one-touch integration with Apple Watch for Apple GymKit.

One of the best new features is that the Bike+ can now automatically change the resistance in time with your instructor. Even better, is that rather than just copying their settings, the bike will tweak the hardness of the ride to suit your fitness goals, all the while following along with the class. Peloton says that it'll enable riders to fully lose themselves in each class rather than spending too long fussing with the controls.

At the same time, Bike owners will be able to sign up to Bike Bootcamp, a series of classes that integrates bike work with strength training and total body workouts. That'll be available to all members on September 15th and is taught by Peloton VP Robin Arzón, Jess Sims and Cody Rigsby.

The Peloton Bike+ will cost $2,495 and is available to order from tomorrow, with the existing Peloton Bike staying around as a more affordable option. The Bike will be priced at $1,895, and both machines will be available to try for 30-days as before, while finance options are available for $49 a month.

At the same time, Peloton is adding a lower-cost version of its Tread treadmill, and shifting around the branding to make things a little clearer. The new Tread offers much of the same fine-grain control as its predecessor but in a smaller footprint, and at a lower price. The new features include a 23.8-inch touchscreen that can tilt through 50 degrees, making it easier for you to transition to floor work.

The new Tread measures 68-inches long by 33-inches wide, making it a nicer fit for smaller apartments and homes. Part of the smaller size is thanks to the deck, which no longer includes a front shroud — the big mount surrounding the front of the equipment. Peloton says that it makes the machine feel more like you're running on a "natural road," too.

The existing Tread, which is larger and packs a 32-inch display, has now been rebranded as the Tread+, to cement its upmarket status. It doesn't appear that Peloton has done much beyond change the name, since it was already the Rolls-Royce of connected treadmills. When we tried it in 2018, we found that its rubber coated aluminum slat belt was one of the most comfortable we'd ever ran along.

And, for pricing, the Peloton Tread will set you back $2,495, with finance options available, while the Tread+ will be priced at $4,295. The new model will be available in the US and Canada at the start of 2021, while lucky buyers in the UK can get it on December 26th, just in time to sweat off all that turkey. Other European countries will get the Tread through 2021.

After training to be an intellectual property lawyer, Dan Cooper abandoned a promising career in financial services to sit at home and play with gadgets. He now serves as Engadget's associate European editor.

Want to be an Entrepreneur Leadership Network contributor? Apply now to join.

Growing a Business

'Boring' Businesses Are Making Millionaires — and You Can Borrow Their Strategies For Success

The silent growth strategy reveals how understated, steady businesses are quietly creating wealth for entrepreneurs in 2025. By focusing on long-term consistency and incremental progress, these "boring" industries are proving to be gold mines for those willing to embrace stability over hype.

Business Ideas

70 Small Business Ideas to Start in 2025

We put together a list of the best, most profitable small business ideas for entrepreneurs to pursue in 2025.

Leadership

Having This Kind of Mindset as a Leader Is the Key to Inspiring Teams, Creating Meaningful Impact and Achieving Lasting Success

True leadership is about more than just short-term profits — it's about leading with purpose, clarity and self-awareness. Superstar CEOs like Satya Nadella and John Mackey are demonstrating that conscious leadership is critical to success in today's marketplace.

Business News

JPMorgan CEO Jamie Dimon Says Only One Group Is Complaining About Returning to the Office

In a new interview, Dimon said remote work "doesn't work" and noted some JPMorgan employees were checking their phones while he was speaking in a meeting.

Operations & Logistics

The Success of a New Product Launch Comes Down to One Detail, According to This Expert

A veteran consumer product officer shares the corporate strategy that small business owners can use to boost sales and loyalty.

Growing a Business

How to Make Your Business Look Bigger Than It Is — Without Faking It

Perception shapes reality in business. A polished, credible brand attracts customers, investors and media attention — even if your team is small. But how do you project strength and scale without resorting to deception? Here's what you need to know.