If your budget allows more or you will be using it frequently, certainly buy something more substantial but if this is your spending limit, it will help you exercise.
The majority of users give it high marks.
The Schwinn A10 uses magnetic resistance and choice of 8 resistance levels and 7 programs and the display provides all needed data.
Maximum user weight is 275 lbs.You also get water bottle holder, a cooling fan, even contact grips for tracking heart rate.
Warranty is 2 years on the frame, 6 months on parts and electronics and 6 months on labor.
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