The best exercise bike deals are even better for Cyber Monday 2023: 57% off Echelon, and an almost sub-$1,000 Peloton
I've handpicked the best exercise bike deals for a good mix of cheap and cheerful spin bikes to the tech-heavy Echelon and other alternatives that I would actually buy
Recent updates
Nov 26 | Updated to show Cyber Monday deals
With Cyber Monday 2023 here - I've been searching online retailers in the US and UK for the best exercise bike deals.
Peloton has big savings on bikes and bike+ packages. There are reductions from its competitors, Echelon and NordicTrack too. We've picked out the best deals from each of these key brands.
If you're still undecided about which bike is best for you, have a quick read of our guide to the best indoor and exercise bikes we've previously reviewed here at Cycling Weekly.
USA Quick links
- Peloton: $455 off Peloton Starter Package
- Amazon: 53% off Echelon EX5-S indoor smart bike
- Walmart: Huge saving on Echelon Connect Sport indoor bike
Best exercise bike deals USA
Peloton Bike: was $1,445, now $1,095 at Peloton
With 27% off, the Peloton is close to the $1000 mark, which is a little lower than recent price drops.
We've reviewed the Peloton indoor training bike and written quite a bit around is the Peloton indoor exercise bike and app worth it, and the general consensus is it's a good option if you're not looking for specific cycling metric data.
Price check: $1,095 at Amazon
Peloton Bike+ Ultimate Package: was $2,990, now $2,290 at Peloton
A $700 saving is certainly significant, making this a great deal if you want a Peloton with all the trimmings. As well as the bike you get Cycling shoes with cleats, light weights, water bottle, Bike mat, reversible workout mat, and 3 sets of dumbbells.
Peloton Altos Cycling Shoes: were $145 now from $49.41 at Amazon
Ok - not a bike - but these will maximise exercise bike workouts! Get more from every pedal stroke with shoes designed to offer a stiff sole for better power transfer, and breathability for comfort when pedalling indoors.
Echelon Connect Sport : was $699.00, now $297.00 at Walmart
I think this is a great money saving alternative if you're not quite in the market for a the Echelon EX5-S above. The Echelon Connect Sport is a great study alternative. You still get a screen, but it's much smaller and doesn't pivot. Other differences are that you are required to manually adjust the resistance, but you still gain connectivity to the EchelonFit app to help monitor your performance and track progress.
If you want to take part in the live and on-demand classes you will need to take out a membership, $34.99 a month for up to five user profiles - though this deal does come with a 30 day free membership trial.
Dmasun Exercise Bike: was $399.99, now $184.99 at Amazon
Just like the ubiquitous 'spin bikes', the Dmasun Exercise Bike utilises a large front flywheel to provide a smooth ride feel. The wide range of resistance levels are manually controlled and the bike is claimed to be 'whisper quiet' - which many indoor bikes of this design are.
What stands out most is the price, with recent price drop resulting in an over 50% discount currently (if you apply the $15 coupon) on so if you're undecided what to opt for when looking at a sea of options, this would be my best bet.
Yosuda Pro Magnetic Exercise Bike: was $499.99, now $279.99 at Amazon
The Yosuda indoor bike has a more expensive list price and a smaller discount than the Dmasun - but I think it's worth considering the extra spend, as the Yosuda uses magnetic resistance rather than the (more basic) friction-based felt/wool system of the Dmasun.
The integrated display is also shows more information than that of the Dmasun, so all round you do get a little bit more bang for the extra buck. One to opt for if you've been riding a while and want to start tracking numbers and measuring progress more. Recently dropped by a further $20 since Black Friday (by applying the $20 coupon).
Merach Indoor Exercise Bike: was $399.99, now $229.99 at Amazon
The Merach Indoor Bike packs some impressive connectivity for its competitively low list price - even more impressive for the 43% discount that's currently running. So an excellent option for anyone looking for Bluetooth connectivity in order to hook it up to Zwift etc.
The biggest compromise is that the bike doesn't have a power meter, so you'd be riding with estimated values, however, it's a good starter Smart bike and around $2000 cheaper than the all singing all dancing ones!
Pooboo Bluetooth Magnetic Exercise bike: was $899.99 now $259.99 at Walmart
Not as neatly put together as the Merach bike, but function wise they're very similar bikes, but this PooBoo has the bonus of rider weight capacity of 350lbs over compared to the max 280lbs for the Merach.
There are several options of PooBoo, but this looks to offer the most functionality, especially as it's compatable with the likes of BKOOL, Zwift, Strava, Rouvy. But again like the Merach, there's no power meter, so it'll be a guestimate. Walmart's price has recently been matched by Amazon.
Price check: Amazon $259.99
UK quick deals
- Amazon: Huge savings on exercise bikes inc. Peloton
- Peloton: Hundreds of £ off Peloton bikes and packages
- Echelon: Save £479 on the Echelon EX-3 Connect bike
Best exercise bike deals UK
Peloton Bike: was £1,345, now £1,040 at Amazon
With £250 off, if you've been thinking about investing in a Peloton bike, now is the time. Who might it suit best? We've reviewed the Peloton indoor training bike feel it's great for those who don't really want a ton of cycling-specific data, rather easy access to a range of workouts that are designed to get you fit by keeping you motivated.
Price check: £1,095 at Peloton
Peloton Bike+ Ultimate Package: was £2.400, now £1,900 at Peloton
If you want to expand your workouts to exercising off the bike as well as on it, then the Ultimate Package is worth considering - especially when it has £500 off for Black Friday. Included with the Peloton bike are a set of cycling shoes and cleats, a water bottle, a bike mat, a workout mat and three sets of dumbbells
NordicTrack S15i Studio Bike: was £1,999, now £1,099 at NordicTrack
Another value oriented Peloton alternative, Nordic Track has a familiar package in its bike + on demand workout library business model.
The brand has started Black Friday early on its own site, reducing the price of this model by £900!
Much like we mentioned above on the NordicTrack S22i, to get the most out the bike, you'll have to commit to the NodicTrack membership, but that can work out cost effective if there's more than one user.
It looses a couple of features compaired to the S22i and has a smaller screen, but for the £400 saving I think it's probably worth doing without!
Price Check: £1,099 at John Lewis
Echelon EX-5s Smart Connect Exercise Bike: was £1,349, now £1,080 at Echelon
This is one of Echelon's more expensive models, and the brand has just reduced the price on its own website ahead of Black Friday. It has a 21.5" touchscreen, a large 13kg flywheel, SPD pedals and magnetic resistance.
You also get a 45-day free Echelon Premier Membership, giving access to live and on-demand instructor lead classes.
Its still not cheap, but if you've been sitting on the fence for a while, then I'd say now is a good time to jump as thisBlack Friday deal is one of the cheapest prices I've seen.
Price check: £1,152 at Amazon
NordicTrack Commercial S22i Studio Bike: was £1999, now £1,799 at Amazon
NordicTrack come highly rated, and while I've not reviewed one personally, I've had a lot of interaction with them at public gyms, which gives me a lot of faith in their longevity.
Coming with an integrated 14" screen, to get the full use of the bike you do need to sign up to a NordicTrack IFit membership plan, which is currently on sale for £349 for the year for a family of five users.
The interactive workouts will auto-control the bike to mimic riding terrain, both resistance and incline. Not as cheap as the Echelon, a decent Peloton bike alternative, but I say one to choose if you know it's going to get a hard life at home. Currently with 25% off the retail price.
Price check: £1,799 at NordicTrack
Dripex Magnetic Exercise Bike: was £289.99, now £204.99 at Amazon
Essentially a traditional 'spin bike' the Dripex utilises a large front flywheel and magnetic resistance for a smooth riding feel and near silent usage.
It comes with an LCD monitor for displaying your core metrics, but there's also a try for a tablet computer or phone if you prefer.
It's a basic option, and no bells or whistles entertainment wise. If you can stay self motivated and don't want an ongoing subscription cost, then I think you won't be disappointed with this outlay. Recently dropped again in price, now with over 29% off (with the £15 voucher).
Echelon Connect Sport Exercise Bike: was £799, now £636.00 at Wiggle
An immersive and interactive option from Echelon, but you'll need to provide your own monitor. Access to the same on-line training classes (for a monthly subscription), on and off the bike. It's one of the more basic models, but is a great compromise for a whole household to use from novice who are looking for motivation, to experienced riders wanting to mix training up with a bit of indoor riding fun.
Price check: £664.98 at Amazon
Joroto X2 Exercise Bike: was £499.99, now £299.99 at Amazon
To cater for different family members using the same bike, both the seat and handlebars of this option are four-way adjustable. Horizontal adjustment knobs under the front and rear help with stability on different surfaces, and front wheels make it easy to move after a session.
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Hannah is Cycling Weekly’s longest-serving tech writer, having started with the magazine back in 2011. She has covered all things technical for both print and digital over multiple seasons representing CW at spring Classics, and Grand Tours and all races in between.
Hannah was a successful road and track racer herself, competing in UCI races all over Europe as well as in China, Pakistan and New Zealand.
For fun, she's ridden LEJOG unaided, a lap of Majorca in a day, won a 24-hour mountain bike race and tackled famous mountain passes in the French Alps, Pyrenees, Dolomites and Himalayas.
She lives just outside the Peak District National Park near Manchester UK with her partner, daughter and a small but beautifully formed bike collection.
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