When you navigate to the Repowered site, you're greeted with a welcome message, plus the information that the site is "currently only open for listing items, with the ability to purchase items coming soon." You're prompted to enter your email address if you want to be the "first to know" when the marketplace actually goes live.
You'll be prompted to enter your device's serial number if you're selling one of the larger pieces of equipment. For smaller pieces, like weights, you can use the search function to input your item. You'll be able to set your own price, but the site will suggest a price for you based on information you provide, like age, condition, etc.
Actually selling your stuff
Additionally, when you sell on Repowered, you get up to $600 off a future Peloton purchase. Essentially, if you've been considering, say, upgrading from a Bike to a Bike+, you can sell your Bike and receive a discount on a newer model. Here's what you get off from each product if you make a Repowered sale:
Tread: $200 off
Row: $200 off
Why this is a great option
There are two main reasons this has the potential to be better than buying or selling on another platform, like Facebook Marketplace.
Repowered is in its early stages, but it could fill a gap in the market by providing a trustworthy source of at-home fitness equipment for those who might otherwise find the cost prohibitive. Peloton has announced that the activation fee for used equipment is down from $95 to $45, too. The All Access Membership, required to take classes and use the devices to their maximum capabilities, is still $44 per month.
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