Peloton is offering existing members discounts of up to $1,400 on their three brand new Tread models, framing the promotion as “early access to holiday deals.”
The sales come on the same day the Peloton Tread Flex, Tread Vision, and Tread+ Vision officially went on sale in the United States and Canada.
Peloton emailed members about the offer with the subject line “Your Tread Upgrade is here,” writing:
“Our first Tread model that is both foldable and movable. Early access to holiday deals on our new Tread products as low as $1,995.”
Members receiving the email are given a unique promotional code to apply at checkout. The discounts work out to:
- Peloton Tread Flex – $200 off, bringing the price from $2,195 to $1,995
- Peloton Tread Vision – $700 off, bringing the price from $3,495 to $2,795
- Peloton Tread+ Vision – $1,400 off, bringing the price from $6,695 to $5,295
The Tread Flex discount works out to about 9%, while both Vision models are discounted by around 20%.
The offer runs through Wednesday, November 11 at 11:59pm ET and is limited to current Peloton members in the United States.
The promotional code can be used for one of each eligible Tread model across up to three separate purchases. The required $299 assembly fee for Tread+ Vision is not included in the discount, bringing that model to $5,594 before tax. Peloton also says the offer can be combined with “certain other offers,” though they do not specify which ones.
For Tread Flex and Tread Vision, members can also choose optional assembly for $150 or assemble the treadmill themselves.
CEO Peter Stern said during Peloton’s Q4 FY2026 earnings call in August that existing members would receive a “substantial discount” on upcoming new products, talking about their loyalty and the value of their existing subscriptions.
Peloton followed a similar strategy when the Cross Training hardware launched on October 1, 2025. Existing members received launch codes worth $500 off the Cross Training Tread and $1,200 off the Cross Training Tread+.
The $700 discount this year brings the $3,495 Tread Vision to $2,795, exactly the same price existing members were offered on last year’s $3,295 Cross Training Tread.
The Tread+ Vision discount is larger this year. Members can buy it for $5,295, compared to the $5,495 launch price offered to members on the Cross Training Tread+ last year.
However, last year’s member pricing did not remain exclusive. Peloton’s public Black Friday sale opened on November 12 with the same discounts, and the company later increased the Cross Training Tread+ discount to $1,400, bringing it to the same $5,295 price now being offered on Tread+ Vision.
Peloton’s use of the phrase “early access to holiday deals” suggests these prices could be connected to their broader holiday promotion starting with 2026 Black Friday sales.
Not every member appears to have received their promotional code yet. We have heard from members who have been able to contact a Peloton showroom or sales representative and have the discount applied directly. Members who ordered one of the new Treads before receiving their code have also reported success getting Peloton to match or apply the discount after the purchase. Some have needed to contact Peloton more than once before finding a representative able to assist.
Despite the “Your Tread Upgrade is here” wording, this is a purchase discount rather than a trade-in offer. As we previously shared, Peloton is not offering a trade-in program for existing Tread or Tread+ owners with the new lineup.
Existing members interested in the offer should check their email for the “Your Tread Upgrade is here” message and their unique promotional code. The offer expires November 11 at 11:59pm ET.
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i’d do it in a heart beat, but only if it were a trade in offer. what am i going to do with my old tread? it weighs more than 300 lbs, it’s not like i can just move it out of my home on my own. if they had a trade in offer, where they’d come take the old one, i’d be spending money to upgrade in a hot minute.