Question:

Selling a trailer on E-bay that is financed?

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I want to sell my car hauler trailer on E-bay, so I can buy a different one. My current trailer is financed with GE Money Bank and the loan is in good standing. My questions are how do I word this in the listing without scaring off potential buyers and how is the transaction handled if the item sells? Thanks!

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  1. Just say that,there is currently a lien on the title however it will be cleared when full payment it made.

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