Jermaine Dupri Sued Over Repossessed Lamborghini

Jermaine Dupri Sued Over Repossessed Lamborghini

More news on broke rappers...Jermaine Dupri is being sued over his 2005 Lamborghini Murcielago by Premier Financial Services.

According to the lawsuit, Jermaine failed to make payments on the car after his $70,000 initial down payment. He financed the remainder of the car for $330,000. He was supposed to make 58 payments at a cost of $4,323, but around 2009 he defaulted on the loan.

So Premier Financial Services claims he owes $80,000 on the car. The legal documents say that the Lamborghini was already repossessed and sold for $115,000, however Jermaine still owes the company $79,095 in damages.

 

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