Lower Cost Peloton Treadmill Version 2 Rumors & Information
Release date, pricing, information, shipping information & cost, details and rumors about the lower cost / cheaper Peloton Treadmill Version 2.
The Peloton Tread, originally announced at CES in spring of 2018 and shipping in summer of 2018, is a product that is loved by most Peloton users who have it. The issue is the cost – retailing at $4,295, it is simply not affordable to most people who want it. The quality and feel of the Peloton Tread is comparable to the best in class Woodway Treadmills, however, being a high quality device doesn’t help people who can’t afford it.
Based on that, Peloton has been developing a cheaper alternative to their Peloton Tread – known as the Generation 2 or Version 2 Peloton Treadmill. In November of 2019, Bloomberg published an article confirming the development of the lower cost Peloton Tread to be released in 2020 (as well as information about the Peloton Rower).
If Peloton is releasing a lower cost version of the Peloton Tread, the question becomes – What are the differences between the generation 1 and generation 2 Peloton Tread? Until an official announcement is made, no one can confirm for sure. However, rumors point towards several changes being made to allow Peloton to lower the price point. One is that rather than using the slatted running belt, which produces a more natural, realistic feeling, Peloton might change to a traditional single-piece treadmill belt. Another change on the Generation 2 Peloton Tread might come to the HD Tablet Touchscreen. To help reduce costs, Peloton might include a (much) smaller tablet with the Version 2 Treadmill. In January of 2020, a FCC filing was made public for a new version of the Peloton tablet. This is the tablet that could be used in the generation 2 treadmill (and/or the Peloton Rower). The number for the new tablet is the PLTN-TTR01.
What will the generation 2 Peloton Tread cost? is probably the biggest outstanding question. We know that Peloton is trying to lower the price as much as they can without sacrificing too much in the way of quality & features. One would expect that a sub $3,000 tread would be the target. Whether they can bring the price down to be the same as the Peloton Cycle ($2,295) is a bigger question.
Since the original Peloton Tread was released, competition has heated up. At CES 2020, the Amazfit Home Studio was shown. It combines interactive classes, like the Peloton Tread, with a very large screen, like the Mirror. As time passes, more and more competitors will come to market, most certainly to be priced lower than the Generation 1 Treadmill. Peloton will be forced to respond somehow, or lose customers who are looking for something more affordable.
Check back with this page for updates on the Version 2 Peloton Tread – we will continue to update this page as more information is revealed.