Since you are asking in the bike discussions I'm assuming you are talking specifically about the bike.
1) If you want to purchase the bike outright it's $2,245 to $2,694 plus tax. The range depends on which accessory package you want accessories for things like shoes, mat, HR monitor, etc. with it. That includes delivery, setup and one year warranty. Then there is an ongoing subscription fee of $39/month. This includes access to thousands of classes - cycling as well as boot camp, running, Yoga, meditation. You can also share this with others in your household. There is a mobile app which works well for things other than the bike and while traveling, etc.
2) If you want to finance, they have an option for $0 down and you pay the subscription fee plus pay off the bike over time each month. That can be as little as $58/month they say depending on the package and length of loan. I'm not normally an advocate of financing anything but if the bike will take the place of a gym membership or spin passes that cost more than that I think it could make sense.
3) The least expensive option is to just try out the app which costs $13/month and buy an inexpensive spin bike. Probably something off of Craigslist would be your best bet. You can mount an ipad on the handlebars and have a similar sized screen. If you really like it and want the benefits of the metrics you can then decide to make the financial commitment to the actual bike. This was how it happened for me - I only lasted about 4 weeks before I decided I wanted the bike One note - if you subscribe to the app now only one person can use it. This changed as they used to allow something like 8 profiles per account so it's more difficult to share with family members. The app has a 30 day free trial right now.
Also, if you buy the bike, make sure to use a referral code. Anyone who has a bike or tread can give you one and it will get you $100 off of accessories when you purchase. They will also get $100 credit at the boutique. If you don't know anyone let me know and I'll send you mine.
I've never seen the bike itself go on sale. They will sometimes take $100 off a bike plus an accessories package or throw in a special additional accessory.
If you already have cycling shoes with cleats that you use for spinning I would just go with the basics package. If the cleats on your shoes are compatible with Delta style pedals, you are set. If your cleats are SPD or another format you will need to get pedals to swap out with the Peloton pedals. If you've purchased them they will do this for you during set up.
In terms of the other accessories Peloton offers:
-Mat and weights can be purchased very inexpensively from Amazon (e.g. $10 and $20) as long as you don't mind that they don't say Peloton on them.
-I would recommend buying some nice sporty on ear bluetooth headphones as opposed to the wired earbuds offered in the package. They will sound better, keep out environmental noise and won't have the annoying wires.
-The heart rate monitor seems to have a lot of issues. I use a Scoshe Rhythm+ which a lot of Peloton owners prefer. It has works great for me and I like having it on my arm. Search for coupon codes and you can usually find one for $20 or $25 off.
In closing, if you want a package that includes everything you'll need, these may make sense but I think there are better and more affordable options than the accessories they offer.
If you know someone who owns a bike or a tread I would use theirs as they will get $100 credit for the boutique (clothes). Also, when you purchase the bike, the credit you get is only for the accessories so you may want to go with at least the Essentials package. Message me if you want my code. Posting it online is a violation of the referral program.
1) Don't overdo it at first. It's hard not to but overtraining is typical at first.
2) Get padded cycling shorts if you don't have them already.
3) Try different instructors. They're all good but they are different in terms of styles, preachiness, music taste, etc.
4) Add some friends. I live in California and I do a ride every Friday morning with a friend from high school in NY. Helps to stay motivated. My username is Sprichy if you want to add me.
Have fun with it! If you're having fun, it will become a lifestyle for you.
In addition to the stuff you already have I would suggest:
-a bike mat like the one Peloton sells for $59. There are many less expensive options available on Amazon, etc. You will sweat a lot.
-a remote controlled fan with different settings. I have this one and I like it. When you hop on for a 45 minute ride you're cold and don't want wind but 20 minutes in you will be hot and you don't want to have to get off the bike to adjust it.
-bluetooth headphones. The wires on the earbuds included will be annoying. I prefer over ear sport headphones as you'll want to block out environmental noise but not get too hot.
When they arrive make sure your space is cleared, watch them set it up and ask questions. They should give you a demo. Get on it and make sure the metrics are working and that there is no noise coming from the bike. It should be silent. If they are helpful I would give them $20 or $10 each.
Below are some options recommended by other members. Have Plantronics Backbeat Fit which are good for working out outdoors but I actually prefer an older pair of Motorola Bluetooth headphones called Moto Pulse. I prefer the style that covers your ears as it blocks out environmental noise (good for indoor but not good for outdoor). They don't get too hot on my ears. These aren't manufactured anymore but are still available. moto pulse bluetooth headphones - Google Shopping I definitely prefer this style.
Headphones that work as hard as you do, featuring an open-ear design, lightweight comfort, and dynamic sound range for training and life on-the-go. Bluetooth 4.2 IP55 Water Resistant 6-Hour Battery Life Lightweight + Comfortable