The 8 Best Spin Bikes Under $500 Reviews in 2020

Do Indoor Cycling At-Home With the Best Spin Bikes Under $500

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By Your Exercise Bike • Updated: May 17, 2020

Getting a good spin bike is very essential to your fitness journey. Whether you’re trying to lose weight, training for a race, or just building endurance, spin bikes are just the thing for you. If you’re on a budget, getting an affordable spin bike under $500 can still serve the purpose just well if you find the best options.

But unfortunately, it is not that easy to find the best spin bikes under $500 because there are at least 100 options in this price range on the US market. Plus, there are tens of misleading best spin bike reviews that are written by people with little to no knowledge about indoor cycling.

Thankfully the expert members of our team had the time to write this article and provide you with the top-notch spin bike reviews under 500 dollars. One of the best things about riding a spin bike right from the comfort of your home is that, without moving out of your home, you get every single benefit you would have gotten if you were riding in an overprice spinning studio. With no further ado, here are the best spin bikes under 500 available on the US market today:

Last updated on July 11, 2020 1:13 pm

Top Indoor Bikes Under $500 Compared

8 Best Spin Bikes Under $500 Comparison Chart
Indoor Cycle NameWeight CapacityMonitor ReadingsResistance DriveFlywheel WeightHandlebar AdjustmentSpin Bike Price
JOROTO XM30 Indoor Cycling Bike with Belt & Magnetic Resistance300 PoundsSpeed, time, calories, and distanceMagnetic resistance, belt-drive30 lbs4-Way adjustable w/o drop handles
Finer Form Indoor Exercise Bike with 35 Lbs Flywheel265 PoundsRPM, Speed, HR, time, calories, and distanceMagnetic resistance, belt-drive35 lbs2-Way adjustable w/o drop handles
MaxKare Magnetic Belt Drive Indoor Cycling Bike Under $500264 PoundsSpeed, time, HR, calories, and distanceMagnetic resistance, belt-drive30 lbs4-Way adjustable w/o drop handles
Goplus Magnetic Belt Drive Spin Bike Under $500300 PoundsSpeed, time, HR, calories, and distanceMagnetic resistance, belt-drive30 lbs4-Way adjustable w/o drop handles
EFITMENT IC031 Indoor Cycling Exercise Bike275 PoundsSpeed, time, RPM, calories, and distanceMagnetic resistance, belt-drive40 lbs4-Way adjustable w/o drop handles
HouseFit HB-8303NC Indoor Cycling Stationary Exercise Bike330 PoundsSpeed, time, HR, calories, and distanceMagnetic resistance, belt-drive39 lbs4-Way adjustable w/o drop handles
SNODE 8728 Indoor Cycling Stationary Spin Bike280 PoundsSpeed, time, HR, calories, and distanceFriction resistance, belt-drive35 lbs2-Way adjustable with drop handles
ECHANFIT Magnetic Resistance Quiet Belt Drive Indoor Bike297 PoundsSpeed, time, HR, calories, and distanceMagnetic resistance, belt-drive30 lbs2-Way adjustable with drop handles

Editor’s Spin Bike Pick for Under $500!

My colleagues have already picked and reviewed the best spin bikes under $500 but because new bikes become available on the US market on daily basis, I created the “Editor’s Pick” section. It where I search the market often and pick the one spin bike that I think is the best value for under $500.

For this month, I picked a newly released HouseFit HB-8305NC indoor cycling bike for under $500. It is with no doubt, the best indoor cycling bike you can buy for under $500. It comes with a year warranty on all the parts, it has a durable construction, comfortable seat, ergonomic handlebars, a 40-lb flywheel, and 350-lb user weight capacity.

Additional features that make this machine the best indoor bike under $500 include lightweight aluminum handlebars and seat post, powerful magnetic resistance, and belt-drive transmission. All in all, it is an excellent spin bike that worth every penny you invest on it. But if you believe I should pick another model for the best spin bike under $500, leave a comment and I will take a look at it.

Quick Overview of Best Indoor Cycling Bikes Under $500:

The 8 Best Spin Bikes Picks Under 500:

#1 JOROTO XM30 Indoor Cycling Bike with Belt & Magnetic Resistance

JOROTO XM30 Indoor Cycling Bike with Belt & Magnetic Resistance

 out of stock
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as of July 11, 2020 1:13 pm

Also featured as one of the best spin bikes under $1000, the Joroto XM30 indoor cycling bike is a powerful cycling bike built with a solid body, belt drive, and a magnetic resistance system that ensures you can get a quiet and very stable workout. It is one of the best magnetic spin bikes under 500 because it comes with 7 powerful magnets that help ensure a better resistance.

This Joroto also features a thickened frame as well as widened stabilizers to support the goal of having a stable spin workout session. The triangular design of the bike and the dual load-bearing tubes of the bike provides better support to make sure that the bike can comfortably bear your weight. Supporting up to 300 pounds, this is easily one of the best spin bikes under 500 dollars. XM30 indoor cycling bike is built with a high-grade belt as well as a smooth press roller to enable the driving of the bike. In addition, it has a high-quality steel bearing that goes even further to provide support and stability as well as enable smooth cycling.

Additionally, Joroto includes a convenient multi-control resistant switch that makes it easier to handle. What’s more? The handlebar of this belt drive spin bike can be adjusted vertically and horizontally with one of seven levels of adjustments to get your preferred height. Additionally, the seat can be adjusted to four different horizontal positions and eight different vertical positions. Additionally, the caged petal can be adjusted with the buckle, and you can pedal either forward or backward. While it doesn’t tack user’s RPM/cadence, this belt drive spin bike comes with a digital monitor that displays speed, time, distance, and calories burned.

We have listed this bike as one of the best magnetic indoor training bikes under 500 dollars because of its extra unique features, which include a large bottle holder where you can keep your water and other items as you exercise. You can easily relocate the bike without needing to do any heavy lifting. Its dual front wheels make the movement of the bike very easy. If you’re looking to get one of the best spin bikes under 500, you just found one.

Additional Information!

The sturdy and heavy-duty construction of Joroto ensures that this bike can provide sufficient support to users of up to 300 lbs. The adjustability and dimensions (42.9L x 19.7W x 42.5H) of this bike allow riders to get maximum comfort with their preferred positions. The 112-pound weight of this bike contributes even more to its sturdiness, enabling it to provide better support for the rider’s weight.

Pros:

  • It lets you adjust the handlebars and seat (horizontally and vertically)
  • It is very sturdy and stable
  • XM30 comes with multiple holders (device and bottle) to keep your items
  • Magnetic resistance and a belt-driven system

Cons:

  • No backlit on the monitor and the RPM reading

#2 Finer Form Indoor Exercise Bike with 35 Lbs Flywheel

Finer Form Indoor Exercise Bike with 35 Lbs Flywheel

 out of stock
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as of July 11, 2020 1:13 pm

Finer Form is just the perfect option for you if you’re hoping to get the perfect stability you need for your workouts. With all the top-notch features it comes with, there’s no way we could have let this skip our list of best indoor bikes under 500. This bike is a belt-driven spinning bike for home that features heavy-duty cranks and a 35-pound magnet drive system for a smooth ride. Finer Form is very affordable. It is a spin bike with magnetic resistance and professional-grade seat that provides all the support and comfort that you will need as you ride.

Listed as one of our best indoor bikes under 500 available on the market, this bike has an adjustable seat that can lift you to any height that’s most convenient for you. Its handlebars are vertically adjustable, and you can choose from many different positions to suit your body. What’s more? This spinning bike comes with an LCD digital readout to provide you with accurate results of your speed, workout duration, heart rate, distance, RPM, and calories.

Featuriing a nice device holder to safely keep your tablet, the Finer Form indoor fitness bike is definitely one of the best indoor bikes under 500. This bike also includes a bottle holder where you can keep your bottle of water to stay hydrated as you ride. The transportation wheel makes it easy for you to move this home spinning bike and store it wherever it is most convenient for you.

The SPD compatible pedals of this indoor fitness bike and its 35lb flywheel are extra unique features that make this option one of the best indoor bikes under 500 if you are looking for budget indoor cycling bikes for home?

Additional Information!

Weighing 116 pounds and able to support users of up to 265 lbs, this bike comes in a sturdy construction with dimensions (40.35×9.84×34.25) and adjustability features that make it easy for users to get their preferred positions.

Pros:

  • It is portable and easy to move from one location to another
  • Dual-sided SPD pedals for specific spinning shoes
  • It provides you with the RPM of your workout
  • Thanks to magnetic and belt-drive the noise level is low
  • It is designed to provide stability and maximum comfort

Cons:

  • The handlebars are only vertically adjustable
  • Monitor is not backlit and a bit difficult to track stats in low-light

#3 MaxKare Magnetic Belt Drive Indoor Cycling Bike Under $500

MaxKare Magnetic Belt Drive Indoor Cycling Bike Under $500

$349.99  in stock
1 new from $349.99
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as of July 11, 2020 1:13 pm

Whether you want a spin bike for home or for the office, Maxcare is just one of the best options for you under $500. This magnetic resistance home spinning bike is among our list of top rated spin bikes that you can choose from. It comes with a multi-hand grip holder as well as a tablet holder to keep your mobile devices safe.

Because it uses magnetic resistance, it offers smooth pedaling and a lot less noise compared to friction indoor cycles. This adjustable magnetic resistance bike also comes with a press down emergency braking system that gets you to a safe and quiet stop when the flywheel is rotating. Featuring an adjustable resistance, you can increase the resistance exerted onto the flywheel to help maximize your spinning benefits.

Maxcare also includes an LCD monitor that gives you a reading of your speed, time, distance, calories burned, and pulse. This activity monitor mounted to the handlebar makes it easy to track all your information in addition to other benefits added to the handlebar like full customization and stainless steel posts.

What’s more? Maxkare’s handlebar can be adjusted vertically and horizontally to provide a perfect fit. Its seat also can be adjusted horizontally or vertically for maximum comfort. Additionally, it has a compact design and quiet belt driven syste. Overall, if you are looking for spin bike reviews under 500, this should be in your list.

Additional Information!

With a bike weight of nearly 90lbs and ability to support riders up to 264 lbs, this bike comes with a strong warranty (1 year) for its price class. It also comes with transport wheels, dimensions of 42.3″ (L) x 35.4″ (H) x 7.7″ (W) and overall adjustability to get your preferred positions.

Pros:

  • This top indoor cycling bike under 500 is easy to move from one location to another
  • It comes with adjustable handlebars and seat
  • Maxkare indoor cycle has silent magnetic resistance and quiet belt
  • It is stable and provides maximum support

Cons:

  • The way the tablet holder is designed; the lid covers the monitor when you’re using the holder
  • There is no RPM or backlit on the fitness monitor
  • User weight capacity is not impressive (264)

#4 Goplus Magnetic Belt Drive Spin Bike Under $500

Goplus Magnetic Belt Drive Spin Bike Under $500

$499.99  in stock
1 new from $499.99
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as of July 11, 2020 1:13 pm

Here’s another top indoor cycling bike under 500 that offers solid magnetic resistance and a 30lbs flywheel. Equipped with an LCD screen, this spin bike for home makes it easy for you to give you real-time feedback on your speed, duration, heart rate, calories, and distance. Its ergonomic design ensures that you get maximum ease and comfort as you exercise.

To ensure even more comfort, the seat of this exercise bike can be adjusted both horizontally and vertically. Additionally, its handlebar can be adjusted vertically as well as horizontally to enusre better spin bike setup. So, you can easily get your preferred positions for a smooth and comfortable ride.

Also, listed as one of our best belt drive magnetic spin bikes, Goplus comes in a sturdy, steady construction that can support a rider up to 300 lbs. Helping you quickly burn fat, strengthen your heart, and build core muscles, Goplus has a plastic dip handle that includes in three positions that help you get different cycling modes.

Definitely one of the top indoor cycling bikes under 500, Goplus also provides maximum stability and support. This is affordable bike so, if you’re looking to get an indoor cycling bike under 500, it is an excellent option. With this top indoor cycling bike under 500, you don’t even need to carry out frequent maintenance as it is designed to be strong and durable.

Additional Information!

Goplus is capable of supporting a user weighing up to 300 lbs and 5 ft – 6.5 ft height. With dimensions of 49.5″ x 21.5″ x 48.5″ (L x W x H), this bike weighing 85 lbs also provides adjustability for maximum ease.

Pros:

  • This top indoor cycling bike under 500 is low-maintenance
  • It is sturdy and durable
  • Goplus provides you with feedback on your workout
  • The seat and handlebars can be adjusted to suit your preferences

Cons:

  • There is no RPM readings or backlit on the monitor
  • Pedals come without the SPD elements

#5 EFITMENT IC031 Indoor Cycling Exercise Bike

EFITMENT IC031 Indoor Cycling Exercise Bike

$429.98  in stock
1 new from $429.98
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as of July 11, 2020 1:13 pm

The Efigment IC031 magnetic resistance bike provides excellent performance that makes it one of the very best indoor bikes under 500. Its quiet belt drive system ensures that you can work out without noise. This is one of the reasons why we rate this product to be one of the best magnetic indoor training bike under 500.

It comes with an adjustable resistance so you can choose between easy high cadence cycling sessions or high-resistance spin workout to get your heart rate up. You can increase resistance into its 40 lbs flywheel through the magnetic system to help you gain maximum benefits.

Easily one of the best indoor bikes under 500, EFITMENT comes with a digital monitor to help you get feedback on time, distance, speed, calories burned, and pulse. In addition, it is a portable home spinning bike that comes with transport wheels to let you easily move it from one position to another. Plus, it includes holders for your water bottle and your mobile devices so you can securely place those.

Another reason this is one of the best indoor bikes under 500 is the fact that its seat is very comfortable and adjustable so you can get your into your preferred position. You can also move the handlebars vertically to adjust for different hand grip positions.

Additional Information!

EFITMENT comes with a user weight of up to 275 lbs, and with its overall dimensions of 41L x 21.26W x 47H and easy adjustability, riders can get maximum comfort with their choice positions. Also, with a weight of up to 104 lbs, the sturdy construction of this bike ensures that it can provide maximum weight support to riders.

Pros:

  • It is highly adjustable
  • Efitment provides smooth and quiet spinning workouts
  • Flywheel is heavy and overall construction is sturdy

Cons:

  • The resistance may not be sufficient for serious users
  • No RPM reading and no backlit on the monitor
  • There is no SPD elements on the pedals

#6 HouseFit HB-8303NC Indoor Cycling Stationary Exercise Bike

HouseFit HB-8303NC Indoor Cycling Stationary Exercise Bike

 out of stock
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HouseFit is just the perfect exercise bike under 500 if you’re looking for great comfort and support. With a 40 pounds flywheel and magnetic resistance, this bike offers very good resistance and is surely one of the best spinning bikes currently available on the market in its price class.

It also wins with adjustability as the handlebars are fully adjustable and the seat is both vertically and horizontally adjustable, allowing the perfect spin bike fit and comfort. This exercise bike under 500 also comes with an emergency stop brake, so nothing takes you by surprise.

Designed to come with a digital monitor that displays time, scan, speed, calories, and distance, HouseFit keeps you motivated. Its digital monitor ensures that you can accurately get all your information as you ride.

HouseFit is alsone of the few exercise bikes under 500 that comes with a multi-use holder for your water, phone, tablet, and other items. Additionally, the bottom wheels make this exercise bike under 500 easy to move to a different location. Affordable and simple to use, HouseFit is among our list of top indoor cycling bike under 500. You can never go wrong with this bike.

Additional Information!

HouseFit indoor cycling bike comes with a user weight capacity of 330 lbs and dimensions of 51.6 21.6 44.3 to go with adjustability features that make riding comfortable.

Pros:

  • This exercise bike under 500 has one of the heaviest flywheels
  • It offers sufficient magnetic resistance for a challenging workout
  • The seat and handlebars are adjustable

Cons:

  • No RPM reading or backlit on the monitor
  • No SPD elements on the pedals

#7 SNODE 8728 Indoor Cycling Stationary Spin Bike

SNODE 8728 Indoor Cycling Stationary Spin Bike

$429.00
$338.99  in stock
1 new from $338.99
Free shipping
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as of July 11, 2020 1:13 pm

A 35 lbs flywheel bike that helps you to get all the intensity you need during your cardio workout. Like the other bikes on this list, this Snode indoor cycling bike comes with an adjustable seat that you can move either vertically or horizontally. The seat also has good heat dissipation to provide you with maximum comfort. Its handlebars can also be adjusted to suit your preferences.

Additionally, this bike comes with cage pedals to keep your feet comfortable. Although it is not magnetic like the rest of the spin bikes in this review, it does come with belt-drive system and sturdy construction.

Featuring racing style handlebar contributes to making it one of the best indoor cycling bikes under 500. In addition, Snode includes a tablet holder to keep your devices in place as well as a built-in water bottle holder to help keep your water right by your side.

And, it comes with an LCD display that will help to provide data on speed, time, calorie, distance, pulse, and odometer. If you want a spin bike under $500 that offers full control over the resistance, this one is a great option.

Additional Information!

SNODE comes in a sturdy construction that ensures it can support users of up to 280 lbs. It also has dimensions of 41”x 21” x 46” as well as a bike weight of 84 lbs so it is not too difficult to move the bike around the house after use.

Pros:

  • It comes with a belt-driven system
  • It had a heavy flywheel and good bearings
  • The seat is comfortable
  • There is the tablet and bottle holder

Cons:

  • The digital display doesn’t track the RPM
  • Handlebars are only vertically adjustable
  • Resistance is friction which comes with maintenance

#8 ECHANFIT Magnetic Resistance Quiet Belt Drive Indoor Bike

ECHANFIT Magnetic Resistance Quiet Belt Drive Indoor Bike

$399.99
$339.99  in stock
1 new from $339.99
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as of July 11, 2020 1:13 pm

Listed last in our spin bike review under 500 is this option by Echanfit. It comes with a five-magnet silent magnetic resistance system that combines with a belt-drive to give you a smooth, noiseless ride. Apart from routine inspection, the drive-train does not need maintenance, which makes this bike a lot easier to own.

Additionally, it comes with multi-grip drop handlebars for extra spinning workout verity, tablet holder, and a bottle holder. You can adjust the handlebars to get your preferred positions making for a very smooth and easy ride. This bike also has a well ventilated, comfortable seat.

Its inertia enhanced, heavy-weight flywheel makes sure you have a splendid experience, and its belt drives ensure a smooth, noiseless ride. Although the pedals are basic with no SPD elements, they have the standard 9/16″ thread so the spin bike spd pedals are widely available if you want to use your indoor cycling shoes.

The pedals that come with the bike are good quality and keep your feet relaxed and secure even during intense spinning exercise. Its digital monitor provides feedback on speed, time, calories, heart rate, distance, and scan.

Additional Information!

ECHANFIT exercise bike provides adequate support to users weighing up to 297 lbs. With dimensions of 40.94inches x 21.26inches, ECHANFIT weighs 91.5 pounds.

Pros:

  • Magnetic resistance and belt drive system
  • Relatively heavy flywheel
  • Drop handlebars to engage different upper body muscles

Cons:

  • The handlebars are only vertically adjustable
  • There is no backlit or RPM reading

Best Spin Bikes Under $500 FAQs

Q: What do spin bikes really do?

A: Spin bikes are made specifically to help you achieve your weight-loss and fitness goals. They are the perfect alternative for ugly rough days that you can’t get on the road. Also, indoor bikes are great alternatives for high-impact exercises such as running. You can use them with weights to do a full-body workout while focusing on major muscles like the calves, thighs, hips, abs, and shoulders. These help you to burn lots of calories.

Q: Are spin bikes noisy?

A: Spin bikes are generally not noisy especially the ones we listed in this best spin bike under 500 reviews. Mostly, they are near silent bikes, even though they are not completely silent. Also, they come with different levels of noise/ silence depending on the type of resistance and drive transmission.

Q: How long does a spin bike session last?

A: It’s barely ever necessary to ride an indoor bike beyond 45-50 minutes. But, they can last for up to 90 minutes depending on your intensity, age, and how you feel in general. Note: We don’t recommend using spin bikes more than 60-minutes on a daily basis. This should be enough to help you lose 500 to 800 calories.

Q: Can you ride a stationary bike every day?

A: You can use a stationary bike for aerobic exercises, no matter the weather. You can also safely use a stationary bike every day. But in general, it is always good to give your body at least one-day recovery.

Q: Is it better to have a heavier flywheel?

A: Yes. For indoor cycling bikes under $1500 a heavier flywheel helps you get a more natural and smooth riding motion, which delivers an overall better experience. For spinning bikes under $500, look for the bikes that come with at least 30 lbs flywheel to give maximum benefits and better riding experience.


Best Spin Bike Under $500 Buying Guide

Reading spin bike reviews under 500 is definitely a good way to find out what is the best spin bike to buy under 500 because you know what to look for in this price tag. You might also want to consider where to buy a spin bike and how much a spin bike shipping cost (especially if you’re on a budget). There are other important factors to consider when buying an indoor fitness bike. So, if you’re considering getting a spinning bike at home under $500, here are some factors to keep in mind:

Drive system: Spin bikes under $300 and $500 come in many different types. While some of these bikes have chain drive systems, others have belt drive systems. Belt drive bikes are typically quieter and they also require a lot less maintenance. So, if silence matters more to you, you might want to go for the belt drive. But if you want better power efficiency and you don’t mind to do maintenance, go for the chain drive indoor cycling bikes under $500. Unlike belt, the chainrings don’t slip under high resistant spinning workout so full power transfers to the flywheel.

Resistance system: There are magnetic and friction resistance for you to choose from when searching for spin bikes under $500. The magnetic resistance system is a lot less noisy than the wool or leather friction mechanism. Even though the magnetic system is actually more expensive, if you would love to ride without the noise, this should be your best bet. Almost all the best spin bikes we have reviewed come with magnetic resistance.

Convenience: Consider your comfort when choosing a spinning bike under $500. You’re probably going to be using this indoor bike for a long time, so you want something that gives you maximum comfort. Ensure that the seat is comfortable enough for you to sit on and also ventilated enough to make the ride easy. Additionally, look for indoor cycling bikes under $500 that come with fully adjustable handlebars so you can setup your spin bike properly. Generally, the design and the features of the spin bike are important, and you should make sure to look at things like the location of bottle holders, cycle tablet holders, and all the other components to make sure that they suit your taste.

Durability: You’re going to be riding this exercise bike a decent number of times every week, so you surely want something that can survive all of that pressure. Make sure that your bike is designed sturdy and durable enough to stay with you for a very long time, even in the face of constant use. You don’t want to have to replace your spinning bike every other month or so.

Weight of the flywheel: The weight of your bike’s flywheel plays a very important role in your overall experience. The higher the weight of the bike, the more resistance you can get for a smooth ride. It is the flywheel mechanism that mimics the experience of a real bike, so if you want it better, get a heavier flywheel. An ideal flywheel should weigh at least 30 lbs.


Conclusion

If you’re looking to get a top rated spin bike under $500, you should consider the above-reviewed indoor bikes. Using years of experience dealing with spin bikes, we have picked the top spin bikes under $500 to help you to achieve your fitness and weight-loss goals. You can use them to do a full-body workout and burn calories as you focus on major muscles like the hips, calves, abs, thighs, and shoulders. The best part is that unlike a rowing machine or some other exercise machines, spin bikes are almost noiseless, especially if you buy a magnetic one. If you’re looking to burn calories and achieve your fitness goals, consider buying a spin bike today.

9.8 Total Score

Getting a good spin bike is very essential to your fitness journey. Whether you’re trying to lose weight, training for a race, or just building endurance, spin bikes are just the thing for you. If you’re on a budget, getting an affordable spin bike under $500 can still serve the purpose just well if you find the best options.

JOROTO XM30 Indoor Cycling Bike with Belt & Magnetic Resistance
9.7
Finer Form Indoor Exercise Bike with 35 Lbs Flywheel
9.7
MaxKare Magnetic Belt Drive Indoor Cycling Bike Under $500
9.6
Goplus Magnetic Belt Drive Spin Bike Under $500
9.6
EFITMENT IC031 Indoor Cycling Exercise Bike
9.6
HouseFit HB-8303NC Indoor Cycling Stationary Exercise Bike
9.6
SNODE 8728 Indoor Cycling Stationary Spin Bike
9.4
ECHANFIT Magnetic Resistance Quiet Belt Drive Indoor Bike
9.5
User Rating: 5 (2 votes)

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