Overview
- Repowered entered beta on June 3 in New York City, Boston and Washington, D.C., accepting seller listings only until inventory is sufficient for buyers.
- Sellers set prices with a generative AI tool and receive 70% of the final sale while Peloton and Archive split the remaining 30%.
- A Peloton History Summary will provide buyers with service history, warranty details and other transparency once the platform opens to purchasers.
- Sellers can earn up to $600 in discounts on new Peloton gear when they trade in used equipment through Repowered.
- Peloton aims to capture booming third-party resale demand to help offset declines in its subscription revenue.