Peloton used-equipment activation fee: Difference between revisions
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===Background=== | ===Background=== | ||
Peloton is a fitness equipment and subscription services company that heavily relies on recurring revenue from its connected fitness subscriptions.{{ | Peloton is a fitness equipment and subscription services company that heavily relies on recurring revenue from its connected fitness subscriptions.<ref>{{Cite web |last=Patel |first=Neil |date=2026-01-17 |title=Peloton Interactive: High-Risk Turnaround or Long-Term Fitness Opportunity? |url=https://www.fool.com/investing/2026/01/17/peloton-risk-turnaround-long-term-opportunity/ |url-status=live |website=The Motley Fool}}</ref><ref>{{Cite web |date=2026-05-02 |title=Peloton Announces Q2 FY2026 Financial Results |url=https://investor.onepeloton.com/news-releases/news-release-details/peloton-announces-q2-fy2026-financial-results/#:~:text=Peloton%20Announces%20Q2%20FY2026%20Financial%20Results%202025,$%20243.9%20Subscription%20412.6%20Total%20revenue%20656.5 |url-status=live |website=Peloton}}</ref> To insert themselves into the secondary market, Peloton introduced the activation fee under the guise of ensuring a ''high-quality onboarding experience'' for new members purchasing pre-owned devices. The fee applies to secondary-market buyers of Peloton's flagship products, such as the Peloton Bike and Bike+.<ref>{{Cite web |last=Ion |first=Florence |date=22 Aug 2024 |title=Buying a Used Peloton? You’ll Need to Pay a Fee Before You Can Ride It |url=https://gizmodo.com/buying-a-used-peloton-youll-need-to-pay-a-fee-before-you-can-ride-it-2000489936 |url-status=live |access-date=20 Mar 2025 |website=GizModo |archive-url=http://web.archive.org/web/20250708172959/https://gizmodo.com/buying-a-used-peloton-youll-need-to-pay-a-fee-before-you-can-ride-it-2000489936 |archive-date=8 Jul 2025}}</ref><!-- I removed some wordy and kind of redundant sentences - Reform --> | ||
===Undermining the first-sale doctrine=== | ===Undermining the first-sale doctrine=== | ||