Have you recently purchased a new Peloton system? If so, you’re not alone. Peloton is one of the most popular at-home gym systems. But with your new purchase, you’ll want to be sure to protect it with the smartest extended warranty
you can get. Even high-end brands like Peloton carry some risk, considering all the cables, belts, electronics, moving parts and high-stress points involved.
That said, some readers might not be familiar with Peloton. Below, you’ll find an introduction to Peloton and a few of the company's flagship products. Then you’ll see a guide on how to choose the best extended warranty for your Peloton.
Introduction to Peloton
Peloton started in 2012, and it launched its first fitness bike in 2014. After that, it didn’t take long for the company to skyrocket to success.
What makes Peloton different from other stationary bike makers is the included interactive screen. This impressive innovation allows riders to participate in real, instructor-led fitness routines, all from the comfort of home. In short, Peloton gives its riders an at-home spin class experience without having to go to a spin class. And the bike isn’t bad, either: it’s a premium piece of hardware tied into a premium ecosystem.
More recently, Peloton has expanded beyond its stationary bike roots. The company introduced Peloton Tread
and Peloton Tread+
, which both elevate the treadmill experience in many of the same ways as the bike did.
Extended Warranties for Peloton Systems
If you're looking for an extended warranty for your Peloton
system, you have a few options. Probably the most visible is the company's own program, which it will try to sell to every new customer. However, Peloton's warranty isn't necessarily the best choice. Upsie offers a very competitive alternative. Here are the highlights of both Peloton’s and Upsie’s extended warranties.
Peloton’s Extended Warranty Program
The manufacturer warranty from Peloton lasts 12 months. Peloton’s extended warranty program allows you to extend that stock coverage for either an additional 12 or 27 months. The 12-month plan costs $145 for Bike and $175 for Bike+, while the 27-month plan runs $185 or $230, respectively. Peloton will allow customers to purchase this extended coverage up to 12 months from their purchase date.
On the Treadmill side, the Tread extended warranty costs $175 for 12 additional months and $230 for 27 additional months.
For this considerable cost, you get fairly standard coverage. It covers parts and labor for repairs, which include mechanical and electrical breakdowns, failures from normal wear and tear, and power issues (including power surges). The coverage specifics get complicated fast
Upsie’s Extended Warranties for Peloton
Upsie, in contrast, offers Peloton extended warranties
that are straightforward in terms of coverage. The company covers defects and failures, including the mechanical and electronic components of the bike and screen.
Coverage also clearly includes pedals that break due to defects, as well as ball bearing replacement (a commonly needed repair). Upsie offers in-home repairs on Peloton products as well.
Peloton owners can purchase an Upsie warranty for Peloton bikes bought in the last 11 months.
cover either three or five years, extending coverage past what Peloton offers. Coverage for a Peloton Bike
costs $141.75 for three years (almost a 50% savings compared to the Peloton warranty) and $231.44 for five years (a term not offered by Peloton).
- Peloton Tread (three years): $163.99
- Peloton Tread (five years): $266.99
- Peloton Tread+ (three years): $228.99
- Peloton Tread+ (five years): $372.99
All 4 options provide substantial savings over the warranty offered through Peloton.
Upsie: The Best Warranty Coverage for Peloton Systems
Upsie’s extended warranty coverage for Peloton systems is impressive. You’ll pay less for longer coverage durations, and the coverage is more straightforward and upfront.
Learn More About Peloton Warranties: