That sounds like a plan. I think I'd like to stick with my cleats the way they are and order new pedals. Suggestions on type or specs?Awesome! When I've ridden at Cycle Bar I used bike shoes which had SPD cleats and I'm guessing that's probably what you have. They look something like the picture below.
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The other main spinning format which is what Peloton uses is Look Delta and the cleats look like this
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If I'm correct that you have SPD cleats, they won't be compatible with the standard (Delta Look) pedals that come with the bike. Since my family already standardized on SPD, I got a different pair of SPD platform pedals and swapped them for the pedals that came with the bike.
Yes, you'll need a pedal wrench and it's a good idea to use pedal lube. Swapping pedals is not too difficult but you want to do it carefully. A common mistake is to try to crank them in when they're not exactly threaded correctly which can mess up the pedals and the crank. Here is a video proper shoesSo I bought these pedals and was curious if there any specific tools needed to install the pedals.
Also I assume any "SPD" capable shoes are fine with them (asking for wife)