Rockport, IN asked in Civil Litigation, Consumer Law and Contracts for Kentucky

Q: Can a trailer be sold over half the marketing value ?

The trailer is valued at $11,000 and it is being sold for $20,000. $4,000 has done been paid towards the $20,000 but just now discovering the property only values at $11,000 can I get the price reduced is this even legal?

1 Lawyer Answer
Timothy Denison
Timothy Denison
Answered
  • Consumer Law Lawyer
  • Louisville, KY
  • Licensed in Kentucky

A: It is legal and you don’t have to buy the trailer at all.

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