The move is an effort to squeeze additional revenue from second-hand products, over concerns that cheaper, slightly used bikes, treadmills and rowers could cannibalize used sales.
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There's got to be a way to make use of the old stuff in a way that doesn't pay the fees. You know, where it seems to be broken and thrown away, but it isn't.
I hope this makes less people buy used Pelotons which in turn makes Pelotons less desirable.