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Company News, Peloton Rower


AFFIRM FINANCING OPTION ADDED FOR PELOTON ROW + INTEREST RATES LOWERED FOR ALL
PRODUCTS (BIKE, TREAD, ETC)

Chris L on November 19, 2022

Peloton has made two small changes to their Affirm financing options overnight.
(Update – Peloton has also now added a Black Friday sale to the Peloton Row)

First is that you are now able to purchase the new Peloton Row using Affirm
financing. When the Peloton Rower first went on sale in September, there were no
financing options available – you had to purchase & pay the entire amount up
front.


MY LATEST VIDEOS

Demo & Guide: BlueHeart – Broadcast heart rate (HR) from Apple Watch to Peloton
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Demo & Guide: BlueHeart – Broadcast heart rate (HR) from Apple Watch to Peloton
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Tutorial & review covering BlueHeart - a new WatchOS and iOS app that takes the
heart rate data from an Apple Watch and allows it to be read by a Peloton Bike
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You can now finance the Peloton Row with affirm through Peloton.


However, there were reports that Peloton was looking into adding financing was
the presale was over. With deliveries having begun last week – Peloton has made
that official and added the financing options.

A second change related to financing is that Peloton has lowered the interest
rate with Affirm for all products. Prior to August this year, you were able to
get 0% financing no matter how long your loan was. Starting in August, the
interest rate was increase from 0% to 14.99% if you picked any length besides 1
year.

Now, Peloton is decreasing the interest rate for those 24, 39, and 43 months
options. The interest rate for loans through Peloton & Affirm are now changed
from 14.99% to 4.99% – a drop of 10%. This updated interest rate applies to all
products, not just the Peloton Row.

Will you be getting the Peloton Row now that financing is available?

--------------------------------------------------------------------------------

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CHRIS L

Chris is the founder of Pelo Buddy. He purchased his Peloton in 2018, and has
been riding and running ever since. You can find him on the leaderboard at
#PeloBuddy.

TRENDING NEWS

10/12 – Daniel McKenna has sued Peloton for wrongful termination
9/20 – The Peloton Row is officially open for preorders for $3,195
8/16 – Guide for Booking In-Person Studio Classes
4/14 – Peloton is increasing the monthly subscription cost, but lowering the
cost of Bike/Bike+/Tread
4/6/22 – The One Peloton Club Bike/Bike+ Rental Program is expanding
4/5 – The Peloton Guide is here and we have a first look and hands-on with the
new strength device.
11/14 – Peloton Black Friday Discounts offer free accessories with purchase of
Bike, Bike+, Tread or Guide


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Next Post (n) Peloton increases 2022 Black Friday offers + new Peloton Row gets
Black Friday discount
Chris L 2022-11-19T08:52:14-05:00

1 COMMENT

 * Gio F says:
   November 19, 2022 at 5:25 pm
   
   My wife actually saw your announcement regarding the financing option for the
   Row on your Instagram page a few hours ago and I immediately made the
   purchase. It’s what I’ve been waiting on!
   
   Reply
   



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