There have been quite a few new high tech exercise bikes that have come to market over the past year or so. Found an article that covers some of the main alternatives if budget is a concern. https://flexmastergeneral.com/peloton-alternatives/
How would you go about sourcing a used bike? An online marketplace for private sales? I've been looking at the Schwinn IC2 solely for the fact that its a tenth of the price.
Lowest I've seen for a used model is $1,850. There are a bunch of new owners sharing up their discount codes for friends and family. Will save you $125 off the starting price.
The studio is a great option for those in smaller apartments, or simply people looking for an alternative to a gym membership. The bikes in those classes are also constantly being adjusted and calibrated.
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