what does it mean if a pickup has cut leads?

because Im about to bid on a used pickup on ebay that is going 1/4 its normal price and it says the leads are cut
It (probably) means that the wires are shorter than usual. Extending them is simple, all you need to do is solder on more wire.
My Gear:
American Deluxe HSS Strat
Crate GT212
Vintage '66 Fender Champ Amp
Dunlop Crybaby 535Q
Jekyll & Hyde Ultimate Overdrive
Vintage '74 MXR Script Phase 90
Vintage '77 MXR Flanger
Orange Squeezer (clone)