<!-- canonical: https://www.trendhunter.com/trends/bike-and-bike-rental-program -->
<!-- robots: noindex -->

# Exercise Bike Rental Programs
Peloton Launches Bike and Bike+ Rental Program in Canada

By Grace Mahas | Published 2023-04-25 | Lifestyle
Source: Trend Hunter, https://www.trendhunter.com/trends/bike-and-bike-rental-program
References: [onepeloton](https://www.onepeloton.ca/bike/rentals) & [onepeloton](https://www.onepeloton.ca/press/articles/peloton-rental-canada)

![Exercise Bike Rental Programs](https://cdn.trendhunterstatic.com/thumbs/504/bike-and-bike-rental-program.jpeg)

Peloton, the popular [connected fitness company](https://www.trendhunter.com/trends/aviron-fit-bike), is expanding its [Peloton Rental](https://www.trendhunter.com/trends/peloton-expands-availability-on-amazon-canada) program to Canada. This program allows Canadians in select provinces to rent the [Peloton Bike](https://www.trendhunter.com/trends/peloton-row-1) and Peloton Bike+ on a month-to-month basis, without long-term commitment.

The rental program starts at $129 CAD/month for the original Peloton Bike and $169 CAD/month for the Peloton Bike+. It's available to Canadians in all regions where Peloton currently delivers. The rental fee includes a Peloton Membership, granting access to their extensive library of live and on-demand classes across 14 fitness modalities.

Daegan Benison, General Manager of Peloton Rental, highlighted the program's success in the US, with 60% of renters saying they wouldn't have joined Peloton without this flexible offering. Expansion into the Canadian market was a logical next step in growing the rental program and increasing brand accessibility.

Current rental pricing includes a $250 one-time setup fee, with the Peloton Bike and All Access Membership at $129 CAD/month, and the Peloton Bike+ and All Access Membership at $169 CAD/month. Renters can opt to buy out their hardware or end their rental at any time, with Peloton offering free pickup for the Bike or Bike+ during the process, ensuring ultimate flexibility.

Image Credit: Peloton

## Trend Insights (Trend Hunter)

- Score: 2.7/10
- Popularity: 28% | Activity: 39% | Freshness: 15%
- Audience gender: 50% men, 50% women
- Primary generations: Millennial, Gen X
- Top markets: North America

## Categories

[Trend Hunter](https://www.trendhunter.com/trends) > [Lifestyle](https://www.trendhunter.com/lifestyle) > [Health](https://www.trendhunter.com/health)

## Key Themes

### Why This Trend Is Growing

- **Fitness Equipment Rental:** Expanding rental programs for connected fitness equipment provides a flexible and accessible option for consumers who may not be able to commit to long-term ownership.
- **Subscription-based Services:** Offering a membership with the rental program grants users access to a wide range of fitness modalities, highlighting the value in subscription-based services.
- **Brand Accessibility:** Growing rental programs provides an opportunity for brands to increase accessibility to their products and potentially expand their customer base.

### Industries Being Reshaped

- **Fitness Equipment Manufacturing:** Manufacturers of connected fitness equipment can expand their market reach and revenue streams by developing affordable rental programs.
- **Subscription Services:** Subscription-based companies can look to expand their offerings by partnering or developing rental programs to provide their customers with greater options.
- **Logistics and Delivery:** The success of rental programs relies heavily on the ability to deliver and pick up equipment efficiently, presenting opportunities for logistics and delivery companies to develop specialized services.

## Related on Trend Hunter

- [Premium Rowing Machines](https://www.trendhunter.com/trends/peloton-row-1.md)
- [High-Reward Rowing Workouts](https://www.trendhunter.com/trends/peloton-row-canada.md)
- [App Workout Expansions](https://www.trendhunter.com/trends/peloton-gym.md)
- [Self-Assembled Fitness Bikes](https://www.trendhunter.com/trends/peloton-2.md)
- [E-Bike Rental Pilots](https://www.trendhunter.com/trends/evolve-e-bikes.md)
- [Affordable Bike-Leasing Programs](https://www.trendhunter.com/trends/rydeev.md)
- [Game Console Rental Programs](https://www.trendhunter.com/trends/ps5-rental-program.md)
- [Elevated AI Workout Bicycles](https://www.trendhunter.com/trends/peloton-5.md)
- [Workout App Software Upgrades](https://www.trendhunter.com/trends/app-one.md)
