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The Best Folding Treadmills For Under PS500 If you don't have the space for a large treadmill but still want to get fit at home, a folding model might be the solution. These treadmills are priced less than PS500 and offer the same features as their larger fixed counterparts. Choose a model that has a high horsepower rating and a console with preset workouts. Some models are also connected to apps that let you run in cities, trails or studio classes. 1. Viavito LunaRun Treadmill The LunaRu