Sorry, this kind of turned into rant/preaching, I'm just biased against Peloton
Quick comparison: Peloton bike EUR 2145 + EUR 39/month - gets you courses and indoor riding
or: Canyon Endurace AL Disc 6.0 as an example of a very solid entry level road bike - EUR 1299
Kickr Core direct drive turbo trainer (good turbo trainer, there are cheaper ones if you go without direct drive) - EUR 799
Combined EUR 2098 + EUR 15/month for a Zwift membership or something comparable. Gets you excellent indoor training AND now you have a bike you can use when the weather gets better! Spend the rest of the up front money on a big fan for indoor training or clothing for outdoor riding.
Unbelievable that the peloton costs that much, what benefits do they actually offer over any alternative?
Above that price point, component quality goes up in terms of performance, weight, etc, below that price point it requires compromise you notice even when just riding for exercise (lower durability, bad shifts, sluggish ride feel and so on).
In the world of road bikes, I'd propose roughly these categories:
100-400: bad cheapo bikes. Will ride, but no fun and will break and give you headaches soon.
700-1000: Decent bikes, but you have to make some compromises. Fun can be had, will not randomly break because of bad quality components.
1000-1400: Good stuff, not extravagant. Won't have to compromise on much, you can be satisfied with this forever unless you want to be competitive, and even then it'll do fine.
1500-2500: "Premium", lighter weight, carbon stuff, really nice.
2500-4000: Same, but you can have cool carbon aero frames and stuff and lighter components.
5000+: Pro bike worthy.
I never used their classes. Nothing I used had a technical need for a subscription.
But they still want me to pay $40/month to show me a web app with stats my bike sends it to tell me which days I've used it and how I'm doing on my streaks and distance and duration. This information can all be stored locally (and is, presumably, both before and after you send it to them but only with a subscription).
I really hope that decoding the Peloton hardware leads to freeing my exercise bike from it's corporate overlords.
I've already done this.