The best exercise bike deals are even better for Cyber Monday 2023: 57% off Echelon, and an almost sub-$1,000 Peloton

I've handpicked the best exercise bike deals for a good mix of cheap and cheerful spin bikes to the tech-heavy Echelon and other alternatives that I would actually buy

Woman riding indoor smart bike, with the Cycling Weekly Cyber Monday roundal
(Image credit: Future)
Recent updates

Nov 26 | Updated to show Cyber Monday deals

With Cyber Monday 2023 here - I've been searching online retailers in the US and UK for the best exercise bike deals.

Peloton has big savings on bikes and bike+ packages. There are reductions from its competitors, Echelon and NordicTrack too. We've picked out the best deals from each of these key brands.

If you're still undecided about which bike is best for you, have a quick read of our guide to the best indoor and exercise bikes we've previously reviewed here at Cycling Weekly. 

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Best exercise bike deals USA

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Peloton Bike:was $1,445now $1,095 at Peloton

Peloton Bike: was $1,445, now $1,095 at Peloton

With 27% off, the Peloton is close to the $1000 mark, which is a little lower than recent price drops.

We've reviewed the Peloton indoor training bike and written quite a bit around is the Peloton indoor exercise bike and app worth it, and the general consensus is it's a good option if you're not looking for specific cycling metric data.

Price check: $1,095 at Amazon

Peloton Bike+ Ultimate Packagewas $2,990now $2,290 at Peloton

Peloton Bike+ Ultimate Package: was $2,990, now $2,290 at Peloton

A $700 saving is certainly significant, making this a great deal if you want a Peloton with all the trimmings. As well as the bike you get Cycling shoes with cleats, light weights, water bottle, Bike mat, reversible workout mat, and 3 sets of dumbbells.

Peloton Altos Cycling Shoes: were $145now from $49.41 at Amazon

Peloton Altos Cycling Shoes: were $145 now from $49.41 at Amazon

Ok - not a bike - but these will maximise exercise bike workouts! Get more from every pedal stroke with shoes designed to offer a stiff sole for better power transfer, and breathability for comfort when pedalling indoors.

Echelon Connect Sport :was $699.00now $297.00 at Walmart

Echelon Connect Sport : was $699.00, now $297.00 at Walmart

I think this is a great money saving alternative if you're not quite in the market for a the Echelon EX5-S above. The Echelon Connect Sport is a great study alternative. You still get a screen, but it's much smaller and doesn't pivot. Other differences are that you are  required to manually adjust the resistance, but you still gain connectivity to the EchelonFit app to help monitor your performance and track progress. 

If you want to take part in the live and on-demand classes you will need to take out a membership, $34.99 a month for up to five user profiles - though this deal does come with a 30 day free membership trial.

Dmasun Exercise Bike: was $399.99now $184.99 at Amazon

Dmasun Exercise Bike: was $399.99, now $184.99 at Amazon

Just like the ubiquitous 'spin bikes', the Dmasun Exercise Bike utilises a large front flywheel to provide a smooth ride feel. The wide range of resistance levels are manually controlled and the bike is claimed to be 'whisper quiet' - which many indoor bikes of this design are. 

What stands out most is the price, with recent price drop resulting in an over 50% discount currently (if you apply the $15 coupon) on so if you're undecided what to opt for when looking at a sea of options, this would be my best bet.

Yosuda Pro Magnetic Exercise Bike: was $499.99 now $279.99 at Amazon

Yosuda Pro Magnetic Exercise Bike: was $499.99, now $279.99 at Amazon

The Yosuda indoor bike has a more expensive list price and a smaller discount than the Dmasun - but I think it's worth considering the extra spend, as the Yosuda uses magnetic resistance rather than the (more basic) friction-based felt/wool system of the Dmasun.

The integrated display is also shows more information than that of the Dmasun, so all round you do get a little bit more bang for the extra buck. One to opt for if you've been riding a while and want to start tracking numbers and measuring progress more. Recently dropped by a further $20 since Black Friday (by applying the $20 coupon).

Merach Indoor Exercise Bike: was $399.99, now $229.99 at Amazon

Merach Indoor Exercise Bike: was $399.99, now $229.99 at Amazon

The Merach Indoor Bike packs some impressive connectivity for its competitively low list price - even more impressive for the 43% discount that's currently running. So an excellent option for anyone looking for Bluetooth connectivity in order to hook it up to Zwift etc. 

The biggest compromise is that the bike doesn't have a power meter, so you'd be riding with estimated values, however, it's a good starter Smart bike and around $2000 cheaper than the all singing all dancing ones! 

Pooboo Bluetooth Magnetic Exercise bike:was $899.99now $259.99 at Walmart

Pooboo Bluetooth Magnetic Exercise bike: was $899.99 now $259.99 at Walmart

Not as neatly put together as the Merach bike, but function wise they're very similar bikes, but this PooBoo has the bonus of rider weight capacity of 350lbs over compared to the max 280lbs for the Merach. 

There are several options of PooBoo, but this looks to offer the most functionality, especially as it's compatable with the likes of BKOOL, Zwift, Strava, Rouvy. But again like the Merach, there's no power meter, so it'll be a guestimate. Walmart's price has recently been matched by Amazon.

Price check: Amazon $259.99

UK quick deals

Best exercise bike deals UK

Peloton Bike:was £1,345now £1,040 at Amazon

Peloton Bike: was £1,345, now £1,040 at Amazon

With £250 off, if you've been thinking about investing in a Peloton bike, now is the time. Who might it suit best? We've reviewed the Peloton indoor training bike feel it's great for those who don't really want a ton of cycling-specific data, rather easy access to a range of workouts that are designed to get you fit by keeping you motivated.

Price check: £1,095 at Peloton

Peloton Bike+ Ultimate Packagewas £2.400now £1,900 at Peloton

Peloton Bike+ Ultimate Package: was £2.400, now £1,900 at Peloton

If you want to expand your workouts to exercising off the bike as well as on it, then the Ultimate Package is worth considering - especially when it has £500 off for Black Friday. Included with the Peloton bike are a set of cycling shoes and cleats, a water bottle, a bike mat, a workout mat and three sets of dumbbells

NordicTrack S15i Studio Bike: was £1,999, now £1,099 at NordicTrack

NordicTrack S15i Studio Bike: was £1,999, now £1,099 at NordicTrack

Another value oriented Peloton alternative, Nordic Track has a familiar package in its bike + on demand workout library business model. 

The brand has started Black Friday early on its own site, reducing the price of this model by £900!

Much like we mentioned above on the NordicTrack S22i, to get the most out the bike, you'll have to commit to the NodicTrack membership, but that can work out cost effective if there's more than one user. 

It looses a couple of features compaired to the S22i and has a smaller screen, but for the £400 saving I think it's probably worth doing without!  

Price Check: £1,099 at John Lewis

Echelon EX-5s Smart Connect Exercise Bike: was £1,349, now £1,080 at Echelon

Echelon EX-5s Smart Connect Exercise Bike: was £1,349, now £1,080 at Echelon

This is one of Echelon's more expensive models, and the brand has just reduced the price on its own website ahead of Black Friday. It has a 21.5" touchscreen, a large 13kg flywheel, SPD pedals and magnetic resistance. 

You also get a 45-day free Echelon Premier Membership, giving access to live and on-demand instructor lead classes. 

Its still not cheap, but if you've been sitting on the fence for a while, then I'd say now is a good time to jump as thisBlack Friday deal is one of the cheapest prices I've seen. 

Price check: £1,152 at Amazon

NordicTrack Commercial S22i Studio Bike: was £1999now £1,799 at Amazon

NordicTrack Commercial S22i Studio Bike: was £1999, now £1,799 at Amazon

NordicTrack come highly rated, and while I've not reviewed one personally, I've had a lot of interaction with them at public gyms, which gives me a lot of faith in their longevity. 

Coming with an integrated 14" screen, to get the full use of the bike you do need to sign up to a NordicTrack IFit membership plan, which is currently on sale for £349 for the year for a family of five users. 

The interactive workouts will auto-control the bike to mimic riding terrain, both resistance and incline.  Not as cheap as the Echelon, a decent Peloton bike alternative, but I say one to choose if you know it's going to get a hard life at home. Currently with 25% off the retail price. 

Price check: £1,799 at NordicTrack

Dripex Magnetic Exercise Bike: was £289.99 now £204.99 at Amazon

Dripex Magnetic Exercise Bike: was £289.99, now £204.99 at Amazon

Essentially a traditional 'spin bike' the Dripex utilises a large front flywheel and magnetic resistance for a smooth riding feel and near silent usage. 

It comes with an LCD monitor for displaying your core metrics, but there's also a try for a tablet computer or phone if you prefer.

It's a basic option, and no bells or whistles entertainment wise. If you can stay self motivated and don't want an ongoing subscription cost, then I think you won't be disappointed with this outlay. Recently dropped again in price, now with over 29% off (with the £15 voucher).

Echelon Connect Sport Exercise Bike: was £799, now £636.00 at Wiggle

Echelon Connect Sport Exercise Bike: was £799, now £636.00 at Wiggle

An immersive and interactive option from Echelon, but you'll need to provide your own monitor. Access to the same on-line training classes (for a monthly subscription), on and off the bike. It's one of the more basic models, but is a great compromise for a whole household to use from novice who are looking for motivation, to experienced riders wanting to mix training up with a bit of indoor riding fun. 

Price check: £664.98 at Amazon