I've had a variation of this bike for about 5-6 years, this is one where you'll have a lot of companies throwing their name on exactly or almost exactly the same bike. My display isn't near as fancy and there's no bluetooth (It broke about 6 months in anyways), but the body and the rest of the pieces are similar. The pedals are complete garbage and honestly outright painful for me. The resistance dial also sucks and I don't remember a time where I ever felt that it actually did anything. It's also always made this real weird noise when cycling that I don't hear with other exercise bikes at the gym and you got to be careful not to get going fast or it starts to feel real unstable.

With all those things mentioned, after swapping out the pedals, it works as an exercise bike. I got mine for $90 on sale and paid another $20 for some new pedals. It's a piece of shit, but it's a functional piece of shit and probably appropriately priced around $100. Looking at the price on amazon for yours, I'd be real unhappy about it if I paid $270.