A Tennessee Man Sold His Pickup After GM Financial Said the Balance Was Zero—Now He’s Out the Truck and the Cash

February 21, 2026 - 23:12

A routine vehicle sale has spiraled into a financial disaster for a Tennessee man, leaving him without his truck and the cash he was owed. The ordeal began when the seller, after confirming with GM Financial that his loan balance was zero, proceeded to sell his pickup on Facebook Marketplace.

Acting in good faith with the official payoff confirmation in hand, the man finalized the sale, provided the new owner with the title, and accepted payment. However, weeks later, GM Financial reportedly reversed its position, claiming the loan was never satisfied and that a significant balance remained. The devastating consequence was the repossession of the truck from the unsuspecting new owner.

The seller is now caught in a severe bind. He no longer possesses the truck he sold in good faith, and he is being pursued for the loan balance. The money he received from the sale has reportedly been spent to cover other bills, leaving him with no clear path to rectify the situation. This case highlights the potential pitfalls of private vehicle sales and the catastrophic impact of administrative errors by financial institutions. The man is seeking resolution but currently faces the prospect of being held liable for a debt he believed was cleared.