If you're looking to buy or sell a used Peloton bike, a startup called Trade My Spin might be your solution.
In theory, you don't need an entirely separate marketplace to do this — and certainly, it's already possible to buy and sell bikes on Facebook and Craigslist — but Trade My Spin CEO Ari Kimmelfeld told TechCrunch that when he tried to buy a used Peloton bike himself, he found the process deeply inconvenient, since it meant paying a lot for a product he might not get to try.
Plus, you might not have a vehicle that can accommodate this type of bike, and you can't just throw it in the back of an Uber or Lyft.
What sets Trade My Spin apart is that it focuses on the logistical side of the transaction rather than being a marketplace: The company has built a database of drivers who are trained in the process and can pick up and return bikes.
Hit the play button to find out more, and let us know what you think in the comments.