Peloton - Save $100K?

by Osman Parvez

Hmm... the Peloton is offering a $100K discount on condos. Ah, but today only. Seems I was right to hold off on that Vespa. I'm going to try to swing by the sales office to hear their pitch.

Frankly, with this promotion not to mention the advertising saturation, it doesn't seem like the Peloton is selling so well. This latest push, assuming it's true, also seems like quite the smack in the face to buyers who already put their deposits down at full price. It reminds me of Steve Jobs recent marketing goof when he dropped the price on the iPhone only end up cutting a $100 check to early buyers who paid full price.

By the way, this isn't the only "one day only" type sale we've seen recently. I appears agents are finally getting more creative in tough markets.

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