Tyga

Lamborghini ‘Repossessed:’ Tyga Reportedly Owes $450,000

Tyga has been having financial problems for some time now, so it’s not surprising to hear that one of the rapper’s vehicles may get repossessed soon.

Reports surfaced that the “Stimulated” rapper is being sued by a car loan company located in Arizona. Tyga may have his Lamborghini repossessed if he doesn’t give them the reported $450,000 in back payments. In the official documents filed in Maricopa County in Phoenix, Choice Motor Credit is suing the rapper, claiming he owes $357,250 for his 2013 Lamborghini Aventador as well as $91,150 for his 2014 Bentley Mulsanne the company already repossessed and sold to another customer.

But that’s not all that he owes. The car loan company claims they helped Tyga purchase the vehicle in March 2015. The finance plan revealed that he had to pay $5,966.95 for 73 months. He obviously fell behind those payments, which caused the company to repossess the vehicle in February.

“CMC sold the Bentley in order to mitigate its damages, but the sale resulted in a deficiency balance of $91,152.67,” the lawsuit reads.

It was previously reported that the company was after Tyga for not making payments on his 2013 Mercedes G-Wagon, which he gave to ex-fiancée Blac Chyna. Then Kylie Jenner was seen driving around in the vehicle shortly after it got repainted last August. The luxury vehicle, which is reportedly worth $233,000, was rumored to have been regifted to Kylie, though she has since denied it.

The documents reveal that the rapper hasn’t been making payments on any of the vehicles since last October. The documents listed Kylie as his girlfriend, making her home as the place to repossess the SUV. Though they have been trying to repo the vehicle since last month, they could not retrieve it since it’s parked behind two security gates at Kylie’s home.

This isn’t the first time that Tyga has been faced with financial woes. The artist has also been hit with a tax lien from the IRS. According to another TMZ report, T-Raww has been hit with a lien from the State of California for $19,124.98.

The IRS claims that Tyga failed to pay the state in the years of 2009, 2010, and 2011. Although the bill is small it just adds on to the long list of bills he has already racked up in the past year.

Tyga
(Photo by Jason Kempin/Getty Images for The Clara Lionel Foundation)

In 2014, Tyga was hit with a federal tax lien for owing $100,000 in back federal taxes for the years of 2009, 2010, and 2011. Then in May 2015, the rapper was slapped with another lawsuit from his landlord for not paying $124,000 in back rent. His former managers, C&J Management, are also suing him for $4 million for rendered services in 2013.

The management told TMZ that they were fired without a proper reason. They argued that they were instrumental in getting Tyga signed to Cash Money Records back in 2011.

“[We turned him] from a relative nobody to a world known superstar,” the lawsuit reads on the celebrity gossip blog.

But these days, Tyga makes news for his financial problems and controversial relationship rather than his music career. Gossip Cop has previously reported that the rapper has been involved in legal battles with various landlords for owing them thousands of dollars in back rent on the homes he’s rented. Last month, Tyga was sued by another landlord who rented him space for his Egypt Last Kings Clothing Store in L.A. for five months of back rent and over $75,000 worth of damage to the property.

Tyga has not responded to this latest lawsuit. In addition, his attorneys have not commented on this latest legal battle.

[Photo by Alberto E. Rodriguez/Getty Images]

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