Pre Purchase Question

Hello,

I am currently at a VW dealership and looking for some input before committing or walking away.

I tested the battery with the car scanner app. The Maximum Energy Content of the traction battery is showing "70800 Wh".

The car is a 2023 ID.4 Pro S with 17 000 miles on it.

I'm not sure if outside temperature impacts the test, but its about 100+ degrees outside.

From what I've looked up (could be mistaken), the car scanner up would display 77000 if the car was brand new. Meaning 91.9% battery currently.

Is the battery reading of 70800 a good buy or would you suggest walking away?

Thanks!

Edit: Forgot to add that it's a RWD

reddit.com
u/StagnantSloth — 3 days ago

Range Concern Before Buying Used from Dealership

Hello,

I was considering purchasing a used ID.4 from a Volkswagen dealership.

I was planning to travel out of state to purchase the vehicle, so I was attempting to obtain information from the dealership before making the trip.

For two vehicles I was looking at, I can see the remaining battery percentage and estimated range.

Based on the numbers, Vehicle 1's numbers would mean a range loss compared to a new battery of 18 percent. For Vehicle 2, the numbers result in a 24 percent loss.

In my contact with the dealership, I brought this up and they told me that with the vehicles being Certified Pre Owned that the batteries were tested and shown to be in good working order.

Am I right to be concerned at all about the numbers displayed in their pictures?

And is there any specific information I should press the dealer for regarding the battery state of health?

I bought a OBD dongle to bring with me if I decide to make the trip. But, I wanted to make sure everything looked okay before doing so.

Thanks for any help!

reddit.com
u/StagnantSloth — 8 days ago

Tax Question Regarding Gifting Crypto From American to Canadian

Hello,

I was wondering if anyone could provide some insight into this situation.

I am a US citizen, living in the US. I am wanting to send some cryptocurrency to my brother as a gift. He is a Canadian citizen and lives in Canada.

The cryptocurrency I would be sending has made a profit since I originally bought it.

In the future, if my brother sells the cryptocurrency, how is the tax situation approached in this scenario?

From some research I've done (and I could be mistaken), the IRS doesn't require me to pay taxes if sending the cryptocurrency as a gift. But, on the Canadian side, the CRA doesn't require the receiver of the gift to pay taxes on the value of the cryptocurrency they receive (unless it increases in value from the date received to the date sold, and then paying taxes on those specific gains).

So, which of us would be reporting the cryptocurrency for tax purposes in this scenario?

Thank you.

reddit.com
u/StagnantSloth — 21 days ago

Tax Question Regarding Gifting Crypto From American to Canadian

Hello,

I was wondering if anyone could provide some insight into this situation.

I am a US citizen, living in the US. I am wanting to send some cryptocurrency to my brother as a gift. He is a Canadian citizen and lives in Canada.

The cryptocurrency I would be sending has made a profit since I originally bought it.

In the future, if my brother sells the cryptocurrency, how is the tax situation approached in this scenario?

From some research I've done (and I could be mistaken), the IRS doesn't require me to pay taxes if sending the cryptocurrency as a gift. But, on the Canadian side, the CRA doesn't require the receiver of the gift to pay taxes on the value of the cryptocurrency they receive (unless it increases in value from the date received to the date sold, and then paying taxes on those specific gains).

So, which of us would be reporting the cryptocurrency for tax purposes in this scenario?

Thank you.

reddit.com
u/StagnantSloth — 21 days ago

Tax Question Regarding Gifting Crypto From American to Canadian

Hello,

I was wondering if anyone could provide some insight into this situation.

I am a US citizen, living in the US. I am wanting to send some cryptocurrency to my brother as a gift. He is a Canadian citizen and lives in Canada.

The cryptocurrency I would be sending has made a profit since I originally bought it.

In the future, if my brother sells the cryptocurrency, how is the tax situation approached in this scenario?

From some research I've done (and I could be mistaken), the IRS doesn't require me to pay taxes if sending the cryptocurrency as a gift. But, on the Canadian side, the CRA doesn't require the receiver of the gift to pay taxes on the value of the cryptocurrency they receive (unless it increases in value from the date received to the date sold, and then paying taxes on those specific gains).

So, which of us would be reporting the cryptocurrency for tax purposes in this scenario?

Thank you.

reddit.com
u/StagnantSloth — 21 days ago