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Everything You Should Know About The Schwinn 470 Elliptical Machine [A Review]

schwinn 470 elliptical review

The 470 is Schwinn’s most advanced elliptical machine and for the price, it comes with some very pleasant surprises.

Like a 20″ stride length, 20 lb flywheel, and adjustable power incline. It’s also loaded with enough workout programs to keep anyone busy for some time.

The only real department the 470 falls short in is the warranty- but we’ll get to that in a little bit.

If you’re looking for a budget elliptical that doesn’t feel “budget”, the 470 might be a smart choice. But this review is here to help you figure that out.

Throughout this article, we’ll discuss everything this elliptical has going for it (and what it’s lacking) in order to help you decide whether or not this is the right choice for your home gym.

Let’s start off with a quick word on Schwinn.

Schwinn: An American Icon

I often start my reviews with a quick intro to the brand name. Some brands are more well-known than others and I think it’s a good idea to be familiar with a brand before you decide to purchase any of their products.

Companies get good or bad reputations for good reason…because their products don’t lie. And people talk. Most of us are more likely to review something if we had a really good or a really bad experience with it.

Same goes with any service. If we received really good (or exceptionally bad) services, we want to share with others- either to recommend or discourage future users.

As this goes on, companies earn their reputation. Through word of mouth and experiences folks have with their products.

Schwinn has definitely earned their reputation as one of the world leaders in fitness equipment. I know you are familiar with the Schwinn name, it’s synonymous with bicycle.

They started as a bike company in 1895…yeah, that’s not a typo. They have existed for well over 100 years. That type of duration should say enough, you don’t last for over 100 years by producing less than desirable products.

They started producing fitness equipment in the 1960’s and have been a leader in the fitness equipment world ever since.

They are actually part of the Nautilus group now (as is Bowflex). Nautilus is another huge name in the fitness industry know for producing durable, high-quality machines.

So even though they are well known for their bikes, as they diverged into fitness equipment, their line of products quickly expanded.

Over the last 15 years or so, Schwinn has been producing high quality ellipticals, treadmills, and recumbent bikes as well.

Oh, ever heard of the Airdyne bikes? Yeah, that’s Schwinn too. See, told ya they were impressive.

So, my point with this little history lesson is that Schwinn is a very trusted manufacturer who has been around for a really long time.

Their products are always highly rated because Schwinn makes it their business to produce some of the best fitness products on the market. That’s kinda their thing.

Price Range

Prices on ellipticals can vary big time. As do prices on any home fitness equipment really. Ellipticals are no different. The more money you are willing to spend, the nicer machine you are going to get.

That is not to say that you have to break the bank to get a quality product.

When talking price ranges for home equipment, you could break down it several ways. For this post, let’s split price into 3 groups: budget, moderately priced, and high-end.

A budget elliptical is going to be anything for under $1000. You really have to do your research if buying something in this product because you really never know what you’re going to get.

These machines typically are less durable, have less features, weak (if any) warranties, and are less comfortable to use.

The moderately priced group for ellipticals is going to be any machine with a price between $1000 and $2000.

In this price range you are going to get a lot more features, a much better warranty, and a much more durable product. These machines should be able to withstand multiple users without fear of rapid wear down.

Anything over $2000 is going to be considered high-end. These machines are designed for heavy use by multiple users. They are more comfortable, more durable, and come with better technologies.

Ellipticals in this price range should look and feel like commercial grade products.

The Schwinn 470 falls in the budget group price range.

The Schwinn 470 Elliptical Machine

The 470 is Schwinn’s latest model of elliptical. It includes several upgrades from its little brother the 430 and many upgrades over their most affordable 411.

Primary differences include: motorized incline ramp, 5 additional levels of resistance, backlit console which is a little easier on the eyes, and  more workout programs.


  • 20″ stride length
  • 20 lb flywheel
  • 25 resistance levels
  • 29 built-in workout programs
  • 4 user profiles
  • Two blue back-lit LCD display screens
  • Blue tooth connectivity for data transfer to fitness apps
  • Large, comfortable foot plates
  • USB charging port
  • Contact heart rate monitor (chest strap compatible, but not included)
  • 3 speed fan
  • Speakers
  • 300 lb max user weight limit


  • Short warranty

Stride Length

I always like to start my elliptical reviews by going over the stride length. The stride length is a measurement of how far your feet move front to back during the elliptical’s motion.

If the stride length is too small, it’s going to feel like you’re marching in place.

The optimal stride length for most users is 20″. The 470 has a 20″ stride length, which is great because in this price range, it isn’t a given.

A lot of budget ellipticals come with stride lengths in the 13-18 in range. Seeing a tiny stride length is a great way to spot a sub-par elliptical a mile away.

The 470 has a steel frame with stabilizers to ensure a stable, durable workout. This steel frame can handle users up to 300 lb, which is pretty standard for any decent home elliptical.

There are some budget treadmills that can handle more weight (and a lot that handle a lot less).

Overall though, the 470 scores pretty highly with a 20″ stride length and a 300 lb weight capacity.


The flywheel is another important spec to consider when checking out ellipticals. Heavier is usually considered to be better.

The 470 comes with a 20 lb flywheel, which is very respectable for a machine in this price range. Comparably priced ellipticals often come with flywheels in the 14-18 lb range.

Twenty pounds and higher should be plenty to give you a smooth, comfortable feel during use.

With 25 levels of resistance, you will have a lot of control over the intensity of your workouts. If you ask me, more control is a good thing.

The 470 also comes with 10° of available incline to add a little extra intensity to your routine. It’s rare to see power incline on an elliptical this affordable (though it should be a given on higher-end models).

Schwinn added quick touch buttons to the console, allowing you to instantly adjust the incline and resistance settings with the push of a button. Very convenient feature.

Overall, the 470 also scores highly with a 20 lb flywheel, power incline, and 25 levels of resistance- impressive features for a budget model.


The Schwinn 470 comes with the following features:

29 workout programs- this is a boat load of workouts to choose from. Having this many options should ensure your workouts stay fresh.

USB charging port- this charging port allows you to keep your phone or tablet fully charged while you workout. It’s nice knowing you won’t have to drain your battery to listen to your workout music.

4 user profiles- up to 4 people can save their data for more accurate workout metrics.

Dualtrack blue backlit LCD screen- the double screens allow you to see all of your workout data at the same time during your workouts. Nothing too fancy here, but very effective.

Bluetooth compatible- connect with your favorite workout apps, or use Schwinn’s free app to track and save all your workout data

Built-in fan- the 3 speed fan will help keep you comfortable during your strenuous workouts

Grip heart rate monitor- the built-in grip heart rate monitor allows you to track your heart rate during your workouts. The 470 is also compatible with chest strap monitors.

Built-in speakers- connect our mp3 player or phone to the 470 and jam out to your workout tunes through the console speakers


Schwinn does a great job of organizing their assembly manual. All of the illustrations are large and easy to see. Each step specifically tells you what hardware and pieces you will need, as well as which tools you’ll need.

Speaking of tools, the necessary wrenches and screwdrivers are included (although using your own full size screwdriver will be more comfortable).

Overall, putting the 470 together shouldn’t be that bad. Might be helpful to have a second pair of hands during the process. I bet most users can have this machine up and running within 1-2 hrs.


The Schwinn 470 comes with the following warranty:

  • 10 year frame
  • 2 year parts (1 year electronics)
  • 90 days labor

I warned you Schwinn falls a little short in the warranty department.

This warranty isn’t awful, but there’s definitely room for improvement.

I’d like to see a lifetime guarantee on the frame and 1 year on labor. Three years on parts would be better, but 2 years is decent for an elliptical in this price range.

Overall, this warranty could be much better.

Final Thoughts

Schwinn is one of the most well respected fitness equipment manufacturers out there because they take pride in their products. They’ve become well known for providing great products that won’t break the bank.

Their 470 elliptical fits their mold nicely.

It scores highly with the heavy flywheel and long stride length. I also love the fact that this elliptical has power incline options because this isn’t a give for machines this affordable.

This elliptical also scores very highly when it comes to workout options- this thing is packed with them.

The only problem I have with the 470  is the lackluster warranty. If Schwinn would bump up that guarantee a little, this would be a grand slam.

Even with the shorter warranty though, the Schwinn 470 is still one of my favorite budget ellipticals. If you’re looking for an affordable elliptical that is loaded with features, this is a smart choice.




Will's a licensed physical therapist (DPT) with over 15 years of experience treating patients from all backgrounds. He's been lifting weights and exercising in one form or another since middle school and has been working out in his own home gym for over a decade. When it comes to fitness equipment, there isn't much he hasn't tried. In his spare time, if he isn't writing or working out, he's likely playing basketball, watching movies, or hanging with his family.

21 thoughts on “Everything You Should Know About The Schwinn 470 Elliptical Machine [A Review]”

  1. I totally get what you’re saying because I too do first my research about a product that I am contemplating to buy before parting ways with my money.

    Me and my sister have been thinking of getting a new fitness machine ever since our treadmill finally shut down, but we couldn’t get to agree on what to replace it with. We love home work outs because we can do it together and we have the chance to bond. We’re both busy with our day jobs and we only get to spend together when we visit our parents during the weekends.

    I think the Schwinn 470 Elliptical Machine is perfect for us. We’re currently on a tight budget, however, we’re not willing to sacrifice good quality just to save a few hundred dollars. I will be showing your review to my sister and I’m sure she’ll agree with me that the Schwinn 470 elliptical machine will be worth every penny we’ll spend.

    Thank you for introducing me to this fitness machine.

  2. Thanks for the review Will. Like you said you want to do your reeearch before you buy a product. And something that costs up to $1000 required some thinking about. You don’t want to be throwing your money away.

    This looks like a great a great machine, and being in business for over 100 years that surely is a good sign for me. I like how the warranty is 10 years. That’s pretty good right? It sounds good.

    Do you reckon this is a good machine for beginners? I wonder how long it will take me to set it up, lol.

    1. Hey Owain, yeah a 10 year warranty is impressive, especially for machines in this price range. This machine would be great for beginners, it’s comfortable and has plenty of resistance to keep you working as you progress. Assembly can take up to 2 hrs, maybe less with 2 people. I hope that helps, thanks for reading.

  3. I do my research too before buying anything especially if it is an expensive item. I don’t have the space for a fitness machine like this right now but thanks for introducing me to Schwinn.

    1. When operating correctly, the 470 should be quiet. That said, there have been several users that have noticed “clunking” noises that sometimes occur after using it for a while. This can sometimes happen if one of the pedals becomes misaligned, but that’s usually a pretty easy fix. When in doubt, you can always contact Schwinn’s customer service, just be prepared because you might be waiting for a while.

      1. Check the 4 joints where the pedals are connected to the flywheel and the moving handles. They can be assembled “not quite right” and will work but cause (at the very least) clicking. The manual does not emphasis this.

        The bars upon which the pedals roll should be wiped down with a wet rag often (I do it once a week) and the roller wheels should be cleaned at the same time. Putting some silicone drops on a cloth and smearing it all over the wheels will help keep things quiet. Do not use WD-40 as it will destroy the wheels (per the repair gent).

        This has worked for me. Your mileage may vary.

  4. Nice Review! I’ve had mine for 6 months, and I’m very happy with it. I use it for 15 minutes interval training every morning.

    The good:
    My stamina is greatly improved and my back (and body in general) feels better than it has in years.
    I find the menu easy to use

    The bad:
    It needed service once in the first 30 days.
    The built in fan is a joke. Unless I put my hand over it, I can’t tell if it’s on.

    Random Comments:
    I’m very impressed that you could assemble it in 2 hours. It took me 5 hours to assemble with full mechanics tools and I’ve repaired stuff for a living.
    There are a few tricky joints (not emphasized in the instructions) that will cause clicking (and I assume problems) if improperly assembled.
    Do not attempt to assemble it with the included tools. It will take forever.

  5. A few more notes:
    I cleared it 11 days ago so it only has 10 days worth of workout data.
    • Most recent workout is accurate
    • Last 7 days workout and last 30 days workout show the last 10 days’ workouts..

    Bottom Line: I would buy this again in spite of all my complaining. I feel so much better now that I’m using it.

  6. Comments that got missed to go with above comments:
    After a year of ownership:
    • On day 1, I did 2 minutes of reverse, 2 minutes forward; resistance set to 0; incline set to 0 for a total of .1 miles and 9 calories. Today I did 8 minutes of reverse, 7 minutes forward; resistance set to 10; incline set to 2 for a total of 1.1 miles and 118 calories.
    • As a recreational dancer, my stamina is WAY better and my arthritic hips and back are much better, and I’m off all arthritis meds.
    • There really appears to be benefits to this exercise, although I haven’t lost any weight. I do 15 minutes almost every morning.

    What I’ve learned in a year:
    • Calories are arbitrary and should be used for comparison only. Schwinn uses some propriety algorithm (Schwinn support won’t tell you what it is) to determine them.
    • There is no calibration in the maintenance manual nor secret calibration method per the repair gent. Per the local gym, each machine (regardless of brand and type) shows a different amount of calories for the same work.
    • In my experience, incline does not appear to affect calories. Support would not confirm nor deny this. Your mileage may vary.
    • The Schwinn app for my phone asked for way too many permissions when I installed it, so I immediately uninstalled it.
    • You can download the raw workout stats onto a USB stick from the console. It will require either programming or manual conversion to move the data into a spreadsheet.

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