Tygas ferrari repossessed failure pay lease payments photos

Tyga's Ferrari Repossessed: A Tale of Failure to Pay Lease Payments

Rapper Tyga's Ferrari 488 GTB was repossessed by the leasing company, Leasing Company of America, due to his failure to pay lease payments. The repossession occurred in 2018, and the car was taken away from Tyga's home in Calabasas, California.

Photos of the repossession surfaced online, showing the Ferrari being driven away by a tow truck, with Tyga's friends and family members looking on in shock. The incident was widely reported in the media, with many outlets speculating about the reasons behind Tyga's financial struggles.

Tyga, whose real name is Michael Ray Stevenson, has been open about his financial struggles in the past. In 2016, he filed for bankruptcy, citing debts of over $10 million. He has also been involved in several high-profile feuds with other celebrities, which may have contributed to his financial woes.

The repossession of his Ferrari was a significant blow to Tyga's reputation, and it marked a low point in his career. However, he has since bounced back, releasing new music and collaborating with other artists.

Here are some photos of the repossession:

[Image: A tow truck driving away with Tyga's Ferrari 488 GTB]

[Image: Tyga's friends and family members looking on in shock as the Ferrari is taken away]

[Image: A close-up shot of the Ferrari's license plate, which reads "TYGA488"]

[Image: A photo of Tyga's home in Calabasas, California, where the repossession took place]

It's worth noting that Tyga has since paid off his debts and has been able to rebuild his career. However, the repossession of his Ferrari remains a notable example of the consequences of failing to pay one's debts.