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First, the basics: Peloton unveiled all-new versions of its classic at-home fitness equipment Wednesday. Collectively, they're known as the Cross Training series—the equipment itself is the Cross Training Bike, the Cross Training Bike+, etc. Like before, there are still five models—two bikes, two treadmills, and a rowing machine—but the new versions have features that make them more compatible with cross training and are just a little better than their predecessors overall.
Otherwise, what this $200 price hike gets you is pretty basic: There is improved audio in the form of front-facing speakers, better wifi connectivity, and Bluetooth 5.2. It also has an upgraded seat, which Peloton describes as "an ergonomically redesigned saddle with enhanced cushioning and optimized weight distribution." A comfier seat is a bonus, but comfier seats were already available on the third-party market.
Bike+ vs. Cross Training Bike+
I liked the old Bike+ when I tested it out, but the new Bike+ has some significant upgrades over that one. The old-style Bike+ retails for $2,495 while the Cross Training Bike+ is $2,695. You get the swivel screen and the upgraded seat, but you also get a movement-tracking camera that uses AI to make suggestions and correct your form, Sonos audio with a woofer, AI-powered voice commands, a fan, a phone tray, and better software overall. Like the old Bike+, this one has a 23.8" HD touchscreen and the much-loved auto-resistance feature.
The Cross Training Tread is $3,295 compared to the Tread's $2,995, though both get you a 23.8" HD touchscreen, a maximum speed of 12.5 miles per hour, and an incline up to 12.5%, as well as a soft-touch running belt. That price increase also covers the swivel screen, an upgraded processor, and better speakers and connectivity.
Tread+ vs. Cross Training Tread+
Row vs. Cross Training Row+
The Row is the Peloton device that moved from plain-old equipment to Plus line. Now, the Cross Training Row+ retails for $3,495 instead of $3,195 and comes with all those Plus features, like the rotating screen, movement-tracking camera, Sonos speakers, voice control, fan, and upgraded processor.
Should you upgrade your Peloton device?
If you are considering upgrading, your best bet is to go all the way to Plus so you can make the most of all the new features Peloton announced. The movement-tracking camera and voice controls were really slick in the demos I participated in. The camera can correct your form or let you know when lifting a certain way is becoming too easy for you and you should consider moving to a higher weight, for instance. The Plus line also has the built-in fan, which is simply a nice touch.
Upgrading to the Cross Training Bike or Cross Training Tread doesn't make sense to me right now, since the only real improvement you get with those is the swivel screen. If I were going to get a new device—and, after almost five years with my beloved Bike, I'm finally considering it—I'd opt for a Plus so I could take advantage of all the new tools and features.
All-Access Membership goes up from $44 to $49.99 per month
App One Membership goes up from $12.99 to $15.99
Peloton will be rolling out deals for existing members who want to upgrade in the coming days and weeks. For now, don't forget that the company launched its own resale platform earlier this year and, depending on what kind of device you sell, not only do you get paid for the equipment itself, but you get a few hundred bucks off your future Peloton purchase. If you're considering a new device from this upgraded fleet, look into selling your old goods first so you have a better sense of how much money you have to work with.
And if you don't have a Peloton device but want one, maybe think about waiting around a few weeks for all the older models to hit the resale site. Like I said, the new software upgrades work just fine on them, so this could be your moment to get a great deal.
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