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The Best Folding Treadmills For Under PS500 Folding treadmills are a great alternative if you don't want to invest in a big treadmill at home but want a way to stay fit. Many of these machines provide the same capabilities as their more expensive fixed counterparts and can be bought for under PS500. Look out for models with a high horsepower rating for running and an LCD console with pre-set workouts and incline settings. Some models are also connected to apps that let you