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Peloton is adding a $95 activation fee for secondhand machines

Something to keep in mind if you’re thinking of buying off Facebook Marketplace.

The fee doesn’t apply to refurbished models you buy directly from Peloton or its third-party distribution partners. The company clarified in an earnings call that this fee will be applied to folks who buy a Peloton machine directly from a previous owner. Otherwise, Peloton’s earnings call was more hopeful than its last, which saw CEO Barry McCarthy step down amid another round of layoffs.

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