In “Life shouldn’t be printed on dollar bills” news, not only was Jermaine Dupri’s mega-expensive Lamborghini repossessed recently — now, the people who fronted him the cash to pay for it are claiming the producer still owes them $80,000 for the car.
Reports TMZ:
Premier Financial Services filed new legal docs in Georgia Superior Court, claiming Jermaine financed the white 2005 Lamborghini Murcielago in 2006 — worth $330,000 — and agreed to make 58 monthly payments of $4,323.
According to the docs, Jermaine dropped $70,000 up front for the car and successfully made the majority of payments — but for some reason … he dropped the ball in 2009, and failed to pay the remaining handful.
As a result, PFS repossessed the car and sold it off for $115,000 — and now they’re out for the difference … insisting they hemorrhaged $79,095 in the deal-gone-wrong, and they’re suing Jermaine for their losses.
Calls to Jermaine’s rep were not returned.
I see sad the blind man. And now…
This is EbenGregory.com…telling you one thing’s for sure, two things for certain when it comes to black people and expensive cars: We may not own them long but we own them first.
Eben……I co-sign.
Didn’t he do a song called “Money Ain’t A Thing?”
I guess all that “Making it Rain” in the strip clubs finally caught up to him.