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Peloton announces $95 “used equipment activation fee” (arstechnica.com)
submitted 5 months ago by AnActOfCreation@programming.dev to c/technology@lemmy.world
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  • Peloton is introducing a $95 "used equipment activation fee" for bikes purchased from outside its official channels in the US and Canada, aiming to boost revenue and maintain onboarding quality for new subscribers.
  • The fee has sparked criticism as it reduces the cost savings typically associated with buying secondhand equipment and diverges from practices in other industries, potentially discouraging used market purchases.
  • Peloton's hardware sales continue to decline, but subscription revenue has seen slight growth; the company still faces financial struggles despite cost-cutting measures and layoffs.
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[-] madcaesar@lemmy.world 37 points 5 months ago

Don't Tesla do the same bullshit? If you paid for some feature then sell the car, the new owner has to pay for it again?

This shit should be illegal.

[-] SoleInvictus 6 points 5 months ago

That's the "full self driving". All the newer cars come with computers capable of doing it, but you either pay a $99/month subscription or a one time $8k charge.

I just checked out their website and apparently you can either transfer it to a new Tesla or leave it with the car and basically sell it to the new owner. Not what I expected at all.

https://www.tesla.com/support/fsd-transfer

[-] Angry_Autist@lemmy.world 3 points 5 months ago

there's a fucktonne of stuff that SHOULD be illegal that isn't because no one has made a big enough stink about it yet.

refined sugar for one.

Cloning celebrities for sex trafficking for another.

[-] qevlarr@lemmy.world 2 points 5 months ago* (last edited 5 months ago)

Cory Doctorow calls this one "it's ok because we do it with an app" and urges regulators to enforce the laws already on the books. It's an absurd defense legally, but there's no enforcement of antitrust or consumer law at all anymore

[-] Angry_Autist@lemmy.world 2 points 5 months ago

Lets hope a blue wave changes that. I mean I don't have any illusions that dems aren't almost as corporate owned, but Harris has voted more consistently with Bernie than any other congressman

[-] Tja@programming.dev 1 points 5 months ago

If you sell it to a new owner directly you decide if you want to leave it with the car or take it for yourself (assuming you have another Tesla where to use it).

Only if you sell it to Tesla, they will remove it.

this post was submitted on 23 Aug 2024
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