Get a free Peloton indoor study bike with your monthly iFit membership


Assuming you're going to pay a monthly fee for bike classes anyway, why not get the bike for free?


This is what happens with a Peloton bike, an Echelon bike or the like: you have to buy not only the very expensive hardware, but also the fitness class subscription. A Peloton, for example, costs $ 2,245, and then you're in trouble for $ 39 a month. Echelon offers bikes for less (including a few under $ 1,000), but the accompanying class plan costs $ 40 a month.

Oh, but what if you could pay the same rate and get a bike effectively and free of charge? You can: For a limited time, the ProForm Studio Bike Limited White Edition costs $ 39 a month for three years – iFit membership included. (Note that this deal was previously for Studio Pro, but the two models appear to be virtually identical.)

Read more: The best home exercise equipment for 2020

OK, so this is basically a 0% interest financing plan, one that totals at $ 1,403 after three years. But there is no initial cost, even shipping is free, and when you're done, you own the bike. Yes, you will have to keep paying $ 39 a month if you still want iFit classes, although discounts are available if you pay in advance for a year or more.

I haven't tried the Studio Bike Limited, but it does resemble the very good NordicTrack S15i that I reviewed in my overview of Platoon Alternatives That Cost Less. Not surprising: parent company Icon Health and Fitness owns NordicTrack and ProForm, as well as iFit, among other brands.

Read more: How to build your own smart bike at a low price

The bike features a silent steering wheel, height-adjustable seat and handlebars, digital resistance adjustments, 3-pound weights, and a 10-inch touchscreen that can rotate 180 degrees in any direction, making it useful for any class outside of the bike you want to take.

Speaking of classes, iFit offers a wide variety of on-demand, not just cycling, but also high-intensity interval training, strength training, yoga, etc. Two things I particularly like: virtual rides (where you follow your instructor on beautiful real-world trails) and "live" resistance control, which means the instructor changes your bike's resistance settings during your class or ride.

Please note that ProForm also offers its E7 elliptical carbon in the same terms ($ 0 down payment, $ 39 per month for 36 months). This is truly my preferred form of indoor exercise, although I haven't been able to find any reviews of the machine itself.

Obviously exercising at home is more important than ever right now. If you have considered an indoor (or elliptical) bike but resisted the high price of the equipment, this is your chance to get that equipment at a low monthly cost, provided you are willing to pay for it for three years.

Your thoughts?

Originally published earlier this year. Updated to reflect new information. Overdue bond offers were removed.

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