Your Local Dick's Might Have Pelotons for 50% Off Right Now

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I love my Peloton Bike, but it did cost me a pretty penny. Still, its $1,445 price tag was totally worth it to me, because I ride it every day.

Recently, I've been testing out the Bike+, the more advanced version that costs about $1,000 more. I love that model too, but it's hard to recommend something so pricey without admitting that the price will be out of reach for many people. Right now, though, it may not have to be, thanks to a pair of deals at Dick's Sporting Goods—one available in-person, and another online.

Some Dick's locations are selling Peloton equipment for half off

I spotted a Reddit post today from someone who boasted of picking up a Tread—Peloton's $3,000 treadmill—for 50% off at their local Dick's Sporting Goods. For the advanced treadmill that enables you to take running classes and work on your fitness at home, that price is wildly good. It even rivals the prices you'd expect to find on resale platforms like the one Peloton just launched—except the treadmill from Dick's will likely be newer, having only ever been displayed and tested on a store floor.

The Redditor said their store's employees told them that Dick's won't be carrying Peloton equipment in-store anymore, so DSGs nationwide are offering up the discount. Others chimed in to say they'd called their own local stores and gotten told the same thing: Peloton devices are 50% off.

Not wanting to be left out, I called around to my local locations. One store told me they were "all out" of Peloton equipment, but couldn't tell me if they'd sold their floor models at 50% off or not. I called another and an employee told me he hadn't heard about the sale, but after putting me on hold, came back on the line to say, "Wow, yeah, we have a Bike+ in stock and it's 50% off."

I reached out to Dick's press team for more details on the offer, but while I'm waiting to hear back, it's worth calling your local store to see what, if anything, they have at a discount. I love the Bike and Bike+ and have been eyeing a Tread, but the at-home fitness giant also makes the Row ($3,295), a rowing machine that is the ideal addition to a true personal gym.

The Bike+ is 50% off online too

I also poked around the Dick's website, where I saw that the Tread is sold out, but the regular Peloton Bike is down to $1,145—a $300 discount. That's not exactly half-off, but it's not a bad price.

More importantly, the Bike+, which has better sound output, a larger screen, and the ability to automatically adjust resistance for you while you ride, is on sale online for $1,247. That's right: The Bike+ is 50% off online at Dick's and just $100 more than the regular Bike.

And the savings keep coming: Even the Peloton cycling shoes you need to actually operate the Bike and Bike+ are marked down to $99.98 from $145.