12 Best Magnetic Spin Bikes Under $500 That You Shouldn’t Miss
If you’re in the market for an effective home gym equipment that won’t break your wallet, then take a look at our magnetic resistance spin bike picks under $500. And if it’s difficult for you to decide between magnetic and friction resistance, make sure to read out this detailed spin bike resistance article and find out all the advantages that a magnetic spin bike can offer.
But before all that, you’re probably wondering why spin bikes are one of your best bets for an incredible spinning workout session – one will allow you to hit every single one of your fitness goals without bothering everyone with an annoying noise. It’s a great way to get your heart pumping, which leads to improved brain functioning, lower blood pressure, and a stronger immune system.
Another huge indoor cycling benefit is the low-impact workout that it provides – it burns body fat and calories without putting too much pressure on your bones and joints. Finally, convinced? Maybe not or maybe yes, either way, if you are on the market for a spin bike, magnetic resistance is the way to go. Without further ado, here are the best magnetic resistance spin bikes under $500 that we were able to pick in 2022.
Quick Overview of Best Magnetic Spin Bikes Under $500
|Women’s Health Men’s Health Magnetic Indoor Bike||Good value||300 Lbs||No monitor but it synchs with apps via Bluetooth||Magnetic resistance and belt transmission||Belt||Toe-cage only|
|Finer Form Cycle With Magnetic Resistance||Great value||265 Lbs||RPM, HR, Speed, Distance, Calories, Time, (no backlit)||Magnetic resistance and belt transmission||Belt||SPD and toe-cage|
|Echelon EX15 W/ Adjustable Magnetic System||Best value||330 Lbs||No monitor but it synchs with Echelon app via Bluetooth||Magnetic resistance and belt transmission||Belt||Toe-cage only|
|Yesoul Belt Drive Indoor Cycling Bike||Great value||300 Lbs||Pulse, Speed, Distance, Calories, Time, (no backlit)||Magnetic resistance and belt transmission||Belt||Toe-cage only|
|Echanfit Prime Stationary Magnetic Indoor Cycle||Great value||300 Lbs||Pulse, Speed, Distance, Calories, Time, (no backlit)||Magnetic resistance and belt transmission||Belt||Toe-cage only|
|Goplus Magnetic Resistance Cycling Exercise Bike||Great value||300 Lbs||Pulse, Speed, Distance, Calories, Time, (no backlit)||Magnetic resistance and belt transmission||Belt||Toe-cage only|
|Efitment IC031 Magnetic Indoor Cycling Bike||Overpriced||275 Lbs||Pulse, Speed, Distance, Calories, Time, (no backlit)||Magnetic resistance and belt transmission||Belt||Toe-cage only|
|Joroto X2 Indoor Cycle With Belt & Magnetic System||Overpriced||280 Lbs||Speed, Distance, Calories, Time, (no backlit)||Magnetic resistance and belt transmission||Belt||Toe-cage only|
|VIGBODY Magnetic Indoor Cycling Exercise Bike||Great value||330 Lbs||Speed, Distance, Calories, Time, (no backlit)||Magnetic resistance and belt transmission||Belt||Toe-cage only|
|XEGAR Magnetic Indoor Cycling Exercise Bike||Great value||330 Lbs||Speed, Distance, Calories, Time, (no backlit)||Magnetic resistance and belt transmission||Belt||Toe-cage only|
|Pooboo A2 Magnetic Indoor Cycling Bike||Great value||280 Lbs||Speed, Distance, Calories, Time, (no backlit)||Magnetic resistance and belt transmission||Belt||Toe-cage only|
|Choak Magnetic Indoor Exercise Bike||Good value||300 Lbs||Speed, Distance, Calories, Time, (no backlit)||Magnetic resistance and belt transmission||Belt||Toe-cage only|
Top 12 Belt-Drive Magnetic Spin Bikes Under 500
Women’s Health Men’s Health Indoor Bike
1 used from $308.27
An incredible magnetic indoor cycling bike with belt transmission, this model from iconic brand Women’s Health Men’s Health features a total of 14 different levels of magnetic resistance, which means that it’s suitable for everyone, regardless of their skill level. One of its biggest advantages is its integration with the MyCloudFitness app, allowing you to accurately track your progress and hard work. It also means that you can create your personal fitness program since the app gives you access to a variety of coaching videos, all of which are taught by the country’s top trainers.
This affordable magnetic spin bike features a specially-calibrated magnetic resistance that provides a smooth and quiet ride, making it ideal for those who don’t want their workout regimens to wake up everyone in the household. More importantly, both your iPad and iPhone can fit into its built-in, fully-adjustable holder, which has been designed to give users the perfect viewing angle while keeping their device safe. To top it all off is an ergonomic and comfortable seat – soft enough to make your ride enjoyable.
While this magnetic spinning exercise bike is undoubtedly incredible, there have been a few complaints about its resistance levels, with customers claiming that the lowest setting isn’t beginner-friendly at all. They also find the handlebars to be relatively uncomfortable, with its narrow design possibly leading to cramped and sore fingers.
Perhaps the equipment’s biggest disadvantage, though, is the fact that its settings come pre-set, which means that it can be quite complicated to adjust them to fit your tastes and preferences. But despite these drawbacks, it’s clear that this is still one of the best magnetic indoor bikes under $500.
If you’re looking for a magnetic spinning exercise bike that comes with its own fitness app, then this is definitely the model for you. But if you place a premium on being able to easily adjust a machine’s settings to fit your tastes and preferences, then, unfortunately, you’ll have to keep looking.
Finer Form Magnetic Indoor Exercise Bike
For those in the market for an effective spin bike with magnetic resistance under $500 with RPM and dual-sided pedals, this Finer Form bike would be your best bet. Its 35lbs belt-drive flywheel enables the user to smoothly pedal both forward and backward, creating the illusion of a legitimate, outdoor bike. Additionally, its magnetic resistance goes from three to ten, giving you an exhausting yet fulfilling ride that can take your skills to the next level.
Many indoor spin bikes tend to feature a rough and rather aggressive braking system – a disadvantage that’s certainly absent from this particular model. Besides this game-changing feature, this magnetic indoor cycling bike also has a whole slew of incredible offerings, including an LCD monitor with RPM Cadence output, SPD-compatible pedals, holders for both your tablet and your water bottle, and transpiration wheels that make for easy portability. Built with high-grade, reinforced steel, this affordable magnetic spin bike will definitely last you years.
Still, there are a few cons to this bike. For one thing, the pedals are rather loud, especially after a few weeks of use and even after numerous coats of lubricant. They also tend to skip on higher-resistance rides, which is definitely a problem for diehard riders, as well as those whose workout regimens are tough and hardcore.
The challenging resistance levels are also another disadvantage, with customers saying that these are too difficult and strenuous, giving users insufficient time to properly warm-up and cool down. This magnetic spinning exercise bike is also notoriously hard to put together, thanks to the number of parts and the complicated instruction manual that comes along with the Machine.
This magnetic spinning exercise bike is undoubtedly perfect for those looking to achieve lofty fitness goals; however, the difficult resistance levels and complicated assembly are two huge issues that make this machine unsuitable for beginners and individuals new to this kind of workout.
Echelon EX15 Indoor Cycling Exercise Bike
The top magnetic indoor cycling bike under $500, this incredible machine from premier brand Echelon boasts of an ECB magnetic resistance mechanism, a belt drive system, and a heavy-duty 20lbs flywheel, all of which provide users with an incredible workout session.
A great option for body shaping and fat burning, this Echelon indoor cycling bike also features a great ergonomic design that simulates outdoor racing movement, effectively training your lower body muscles while simultaneously improving your cardiopulmonary functions and physical strength. Made with a steel tubing frame and featuring a water bottle holder, this incredible piece of equipment seat and handlebars are easily adjustable, providing various cycling positions that will give you a high-intensity workout, the likes of which you’ve never seen before.
However, some have complained about the clicking noises that the flywheel makes, which proves to be a huge distraction for those who prefer working out without headphones plugged into their ears. The flywheel can also become relatively wobbly, especially after prolonged rides at sustained high resistance levels, only in rare cases.
Those in the market for the top magnetic indoor cycling bike in the market won’t go wrong with this model but if you place a premium on a machine’s whisper-quiet features, as well as the company’s customer service, then this may not be the ideal machine for you.
Yesoul Magnetic Indoor Cycling Bike
One of the best spin bikes, this nifty piece of equipment from Yesoul is made from a durable and long-lasting alloy steel metal, along with a whole slew of features that will make your ride as intense yet as comfortable as possible. For instance, it has a built-in magnetic tension control system whose five different magnets allow you to customize your workout tension levels for an easier or a more challenging workout, whichever one you prefer.
Additionally, this Yesoul magnetic indoor cycling bike has an LCD monitor that displays your time, speed, distance, calories burned, and more, as well as a tablet-phone holder that makes it ideal for those who love working out while watching their favorite Netflix show. The bike also features a four-way adjustable seat and handlebar that provides you with the perfect fit and a grueling yet fulfilling session.
On the flip side, customers have complained about the noise that this magnetic spinning exercise bike makes, saying that prolonged use makes it louder, squeakier, and less pleasant to ride. Knocking sounds during high-intensity workout sessions have also been observed, although only a few customers have reported going through this terrible experience.
The pedals are also a cause of complaint for some, with claims that they’re made of low-quality material that results in them falling off after a particularly intense workout. Slow responses from the customer service team are also rather concerning; however, some have attributed this to the mandatory skeletal working force that COVID-19-related measures require.
Durability and a customizable workout program are undeniably the two biggest advantages of this machine but unfortunately, its pedals and tendency to emit squeaking sounds during intense sessions leave a lot to be desired. It’s up to you whether those cons far outweigh this magnetic spinning bike’s benefits.
ECHANFIT Prime Home Magnetic Spin Bike
A premier magnetic resistance exercise bike under $500 from one of the country’s better low-cost brands, this particular spin bike from ECHANFIT is made of high-quality and durable steel, making it incredibly stable and safe to use. Its solid frame, combined with its 35lbs flywheel and wide belt drive gives you the workout session you always wanted to have – an intense, exhausting, yet rewarding experience that left you with thousands of calories burnt.
This magnetic indoor cycling bike also comes with five magnets and adjustable resistance levels, ensuring that you have a wide range of intensity options that go from beginner-friendly and leisurely jaunts to hardcore rides that will get your muscles burning and your heart pumping. Its non-slip handlebars make maintaining your grip easy – even if your palms are already sweating buckets! Plus, it comes with adjustable toe-caged pedals with adjustable straps, as well as an ergonomic four-way seat, making it suitable for people of all sizes, preferences, and kinds of body frame.
Unfortunately, complaints about the seat are rampant, with many saying that it wobbles and doesn’t feel as stable or as steady as it should be. They further claim that this makes it difficult for them to stay in the proper form throughout the ride, requiring them to frequently adjust their position all throughout their regimen.
The pedals are also reportedly rather clunky and prone to jerk-like movements after rides at sustained high resistance. Customers further maintain that the pedals creak and squeak a lot, which is definitely not ideal for users who like working out in the wee hours of the morning – a time when everyone else is fast asleep.
Its high-quality build and beginner-friendly resistance levels are reasons why this particular magnetic spinning bike is the top choice for many. But if you’re the kind of person who values a machine’s comfort and smooth motions, then you may want to look somewhere else.
Goplus Magnetic Resistance Indoor Bike
One of the top magnetic indoor cycling bikes under $500, this one-of-a-kind fitness equipment features a maintenance-free magnetic resistance controlled by a total of six magnets, allowing you to adjust your fitness routine to whatever your preferences and goals are. Goplus bike‘s 30lbs flywheel also means a high-precision and accurate runout that enables you to work out a sweat while simultaneously improving your skills and strength.
The ride resistance can be easily adjusted with a knob and the bike comes with emergency shutdown settings, in case you find yourself suddenly needing to stop and break. This magnetic indoor cycling bike is also equipped with an LCD screen that provides real-time feedback of your workout session, as well as an ergonomic multi-position adjustment feature for the seat and handlebars that provides comfort and ease.
One of the biggest complaints that customers have is the bike’s inadequate packaging, with many saying that their order arrived dirty, scuffed, and with marks, making it clear that it wasn’t wrapped up in a way that would provide maximum protection throughout the shipping and handling process.
The seat can also get a little wobbly and unstable, due to the fact that it lies near the metal bar that connects the metal frame with the rest of the components. If you despise having to adjust yourself as you go about your ride, then this spin cycle bike under $500 is most definitely not for you.
While this machine magnetic spinning bike is undoubtedly one of the best machines currently available in the market, its unstable seat and inadequate packaging are definitely causing for concern. Customers residing in areas where online deliveries and packages tend to arrive scuffed, beaten-up, and looking worse for wear should keep that in mind when considering this particular machine.
EFITMENT IC033 Magnetic Indoor Cycle Bike
For an excellent and top-notch magnetic resistance exercise bike under $500, this bike from EFITMENT definitely won’t let you down! Its magnetic resistance and belt drive system both provide a smooth ride, as well as a piece of quiet and maintenance-free equipment. It also comes with a 40lbs chromed flywheel whose resistance levels can be adjusted to fit your training goals and personal preferences. Choose between laid-back cycling sessions or you can also opt to bump up the resistance to work up your heart rate! With its caged foot pedal style, digital monitor, and excellent drive mechanism, this stationary bike will undoubtedly become the centerpiece of your home gym.
This affordable magnetic spin bike also comes with a bottle holder that can hold your water securely, allowing you to quench your thirst at any time during your session. It also has a device holder that fits both smartphones and tablets, which means that you can enjoy watching your favorite YouTubers as you strive to get closer to your fitness goals. To add to that, the bike’s emergency push-down break is a unique and significantly helpful feature, allowing for the flywheel to be paused at any time, in case you find yourself needing a quick break yet unable to stop.
Unfortunately, though, customers have complained about their orders and machines not containing every single part outlined in the instruction manual. Because of this, building the stationary bike may be a bit complicated and may require you to ask customer service for help.
Additionally, the pedals are said to be as hard as a rock, which means that your feet may not be comfortable for the entire duration of the ride. It’s also prone to making noises, like clicks and squeaks, which could prove to be a dealbreaker for some.
An excellent magnetic indoor cycling bike that will allow you to personalize your fitness routine, this machine is definitely top-of-the-line. But if you aren’t in the mood to risk your order arriving with missing parts or if you love having your bike’s pedals feel comfortable and smooth to ride, then this particular spinning bike may not be the best one for you.
Joroto X2 Belt Drive Indoor Cycling Bike
2 used from $314.87
Made from high-quality and long-lasting alloy steel, the Joroto X2 magnetic indoor cycling bike has an AV-type frame, a 35lbs chromed flywheel, and a 50mm thickened frame tube – design features that give it sturdiness and maximum stability, which means that it’ll stay upright even on your hardest and most intense rides. A digital monitor also tops off this incredible fitness equipment, giving you the chance to catch up on your favorite shows as you burn calories.
To add to that, its whisper-quiet magnetic resistance and belt drive system both creates an incredibly smooth and silent ride – a workout session that you’ll definitely keep coming back to. This affordable magnetic spin bike also boasts of a wide seat and handlebar, both of which feature four-way adjustment levels that allow it to be suitable for all kinds of users. More importantly, its steel toe-caged pedals with flexible and adjustable straps are capable of fitting a wide range of feet sizes while its accessible knob makes adjusting your resistance simple and easy to do.
However, take note of the pedals, which are rather flimsy and can easily break off, especially in the aftermath of an intense workout session. Some of the weldings are also a bit weak, which could compromise the sturdiness of the bike, although complaints on this are few and far between.
Other customers have reported their orders arriving incomplete with several missing parts. While customer service has been prompt in their response, this drawback is definitely something that should be taken into consideration.
Its durable and excellent frame, along with its whisper-quiet magnetic resistance means that the amazing quality of this particular magnetic spinning bike can’t be doubted. But those who prefer long and intense rides – ones that require them to go hard on the pedals – may find this machine ill-suited for their workout sessions.
VIGBODY Magnetic Indoor Cycling Bike
Included among the best magnetic resistance spin bikes under $500 is this lightweight model from VIGBODY; made with a combination of steel and plastic, this piece of equipment is durable and sturdy yet also easily portable, thanks to its thin and airy frame. Moreover, its magnetic tension control system has been configured according to professional-grade settings, allowing for a comfortable and smooth yet hugely intense ride.
More importantly, though, this magnetic spinning exercise bike comes with a fully customizable seat that can be adjusted in four different ways, as well as a two-way adjustable handlebar, giving you a workout session suited to your preferences and tailored to your goals. Its multi-functional LCD monitor also tracks all your statistics, keeping you motivated and on pace, while the tablet-phone bracket securely holds your device, giving you the chance to follow along with an online workout class. With all these in mind, it’s clear that the VIGBODY Indoor Cycling Bike is the best home exercise bike in the market!
However, keep in mind that this bike is rather difficult to assemble, due to its many components and complicated instructions. Customers also say that the different pieces aren’t properly labeled, which only adds to the confusion.
The resistance levels also leave a lot to be desired; some find them too easy while others claim that even the purportedly beginner-friendly ones are too hard to manage. They also say that the wheels get stuck during high-resistance rides, which means that they often have to hit pause on their workout to figure things out.
Now, those of you who prefer your fitness machines to be completely adjustable will definitely find this magnetic spinning bike to your liking since it allows you to customize its design to fit your needs. But its difficult assembly process, along with its challenging resistance levels may prove to be off-putting for some.
XEGAR Magnetic Indoor Cycling Exercise Bike
With a combined seven-magnet magnetic resistance and a belt-driven system, this magnetic resistance exercise bike under $500 provides a workout session like no other! The frame is incredibly durable and built to last, emitting no neither squeaks nor creaks, even during your high-intensity rides. Because of this, your fitness routine will no longer disturb your roommate or the rest of your family.
Additionally, with Xgear bike you can download the company’s special fitness app, GO Training, where you can synchronize your data using the bike’s sensors. With this, you can easily track your fitness progress and gain insight into your exercise efficiency.
Constructed with a heavy-duty steel frame, this magnetic indoor cycling bike also comes with a 36lbs chromed flywheel, a triangular frame, a two-way adjustable non-slip handlebar, and a four-way ventilated race-style seat – incredible features that will allow you to comfortably reach your fitness goals. Additionally, its multi-grip handlebar features a bracket that can hold either your smartphone or your tablet, which means that you can either binge on yet another Netflix series or follow along with a virtual workout.
One of the biggest disadvantages, though, are the magnetic indoor cycling bike’s handlebars, which customers claim are wonky, loose, and feel unstable, particularly during high-intensity workout sessions. More importantly, users have encountered a lot of problems getting the app to work, reporting difficulties in synchronizing their data, as well as inaccuracies in their tracked progress. If you’re the kind of fitness freak who loves quantifying their exercise routines, then this would most probably be a huge dealbreaker for you.
If you love having a wide range of resistance levels to choose from, then this particular magnetic indoor cycling bike is made for you! But keep in mind that you may be unable to accurately track your workout sessions – a disadvantage that could prove to be a dealbreaker for some fitness fanatics.
Pooboo A2 Magnetic Indoor Cycling Bike
One of the best magnetic spin bikes under $500 that’s currently in the market, this particular model from the new fitness brand L-Now/Pooboo boasts of a steel frame, an ABS cover, and an alloy rim flywheel – features that guarantee the equipment’s durability and longevity. Additionally, this L-Now indoor bike has a digital monitor that can track and record your time, speed, distance, and calories, allowing you to easily adjust your workout sessions to match your overall fitness goals. Or, you can opt to have either your tablet or phone propped up on its holder instead.
More importantly, its silent magnetic resistance means a smooth and quiet ride that won’t disrupt those around you. Its fully-adjustable non-slip handlebars and padded seat also provide a comfortable indoor riding experience with a wide range of resistance levels, allowing you to go from a laid-back session to one that will definitely have sweat running down your face. This affordable magnetic spin bike is also equipped with transportation wheels, which means that you can easily move it to wherever you want your next workout session to be.
Bad reviews are minimal, although customers have rated it less for sturdiness. Due to the bike’s lightweight and relatively thin frame, stability can prove to be an issue, especially for riders who tend to go hard during their workout sessions.
Ratings for comfort are also considerably low, thanks to the handlebars that some say aren’t very easy to grip at all, especially when the user’s hands are damp and sweaty. Because of this, riders might find themselves constantly having to change and adjust their position as they work-out.
Without a doubt, this magnetic indoor cycling bike is perfect for those who love a durable design, whisper-quiet movements, and easy portability. However, its uncomfortable handlebars and unstable frame are two disadvantages that you should definitely take into consideration.
Choak Magnetic Indoor Exercise Bike
Featuring a magnetic resistance, a 37 lb flywheel, and a design that simulates the feeling of real road riding, this lightweight yet solidly built budget spin bike is incredibly quiet and smooth, providing you with a comfortable workout session that will help you achieve your fitness goals. To add to that, its seat is anatomically-designed, padded, and ultra-comfortable, giving you proper and sufficient support that will prevent debilitating injuries. It also features a hollow design, which helps air circulation and allows you to sustain your workout session for long periods of time.
More importantly, Choake indoor bike comes with a two-way adjustable non-slip handlebar that makes it suitable for all kinds of riders, regardless of their age and skill level. Its digital monitor also tracks your fitness progress while a turning knob allows you to easily adjust your resistance level on the go. A bottle holder also puts your water within easy reach and its spring shock absorption system adds to your comfort, minimizing shocks, jerks, and other similar disruptions. Without a doubt, this is one of the best magnetic resistance spin bikes under $500.
However, keep in mind that its digital monitor is known to return rather inaccurate data; while they’re not entirely unreliable, those who prefer tracking their workout sessions might benefit from having a separate device to record their every move.
Buyers have also complained about the magnetic indoor cycling bike’s components, which they say are flimsy and very fragile. Because of this, several parts arrived damaged and considerably impaired. While the response from the company’s customer service team was swift, this drawback should undoubtedly be taken into consideration when shopping around for the best home budget magnetic spin bike under $500.
Now, if you want a super comfortable magnetic spinning bike with fully-adjustable features and a wide range of resistance levels, then this particular model is definitely made for you! But if you’re looking to keep track of your workout sessions and prefer to go on long, incredibly intense rides, then you may want to consider another model.
After this deep dive into the best magnetic resistance spin bikes under $500, it’s time to look into the spin bike buying factors that you should take into consideration when buying your first one.
Indoor spin bikes transmissions are devided into two types– the Chain Drive and the Belt Drive. If you want a ride that feels like a traditional outdoor bike, then the former would be your best bet, although keep in mind that they’re fairly noisy and are more likely to sustain damage, especially after a prolonged ride on a high resistance level. On the other hand, the Belt Drive is significantly more durable and much quieter than its counterpart. The majority of magnetic indoor cycling bikes being produced today feature this drive system.
Weight of the Bike Flywheel
You may be tempted to go for heavier spin bike flywheels, due to the better and more intense resistance levels that they offer. Because of this, though, they tend to put unnecessary strain on your knees and expend inefficient energy. If you’re looking to enjoy the agility and flexibility of your knee joints, then you might want to overlook this kind of flywheel. Conversely, lightweight flywheels provide more energy, as well as a more fluid resistance. To add to that, you also don’t have to strain your knees as much, which is undoubtedly a huge advantage. However, they usually come with more expensive magnetic indoor cycling bikes.
Type of Bike Pedal
Single-sided pedals are the norm, due to the fact that they’re much cheaper than the other available option. Unfortunately, these aren’t efficient at all and render you unable to wear proper indoor spin shoes. Moreover, indoor bike models that lack the toe cage feature will make it rather hard for you to keep your feet in place. For a much better indoor riding experience, go with a dual-sided bike pedal, which allows for more pedaling efficiency and control. These also keep your feet secure, giving you more power as you pump your way to the imagined finish line.
Without a doubt, you want to be as comfortable as possible for the entire duration of your workout session, which is why a magnetic indoor cycling bike that features both horizontal and vertical adjustments is highly-recommended. This means that the handlebars and seats can be tweaked either up-or-down or from side to side, allowing for greater flexibility and settings that actually match your preferences. Additionally, those who want to buy a magnetic spinning exercise bike under 500 and share it with others should go for this dual-adjustment system, giving them – and other users – the opportunity to ride comfortably, with settings and features adjusted to their needs.
Weight and Height Capacity
Perhaps one of the most important factors that need to be taken into consideration is the indoor bike’s weight and height capacity. Naturally, a bike with a wider range of both would be better, especially if you’re sharing it with someone else. While many of today’s magnetic indoor cycling bikes are capable of accommodating just about everyone, it’s still important to take note of their minimum and maximum capacities. Not only would this ensure the durability and stability of your machine, but it would also allow you to maintain proper form throughout your workout session, preventing you from suffering debilitating or permanent injuries.
The Final Verdict
To arrive at the machine best suited for your needs, lifestyle, and goals, take into consideration these factors, along with the many different pros and cons of the best magnetic spin bikes under $500 that we’ve outlined above. With all these in mind, you’ll find yourself pumping away at the pedals soon!