Nicolas Cage sued for breaking Rolls Royce classics lease
By ANIThursday, March 11, 2010
WASHINGTON - Nicolas Cage has been sued for breaking the lease on two Rolls Royce classics.
The actor had signed a 60-month lease agreement for a 1964 Rolls Royce SCIII in 2007. It required him to pay 7,663.02 dollars monthly for the luxury car worth 550,000 dollars.
The ‘Con Air’ actor’s love for cars made him get 2002 Rolls Royce Corniche, just four months later. It was on a 60-month lease with payments of 3,630.71 dollars. The car was worth 245,000 dollars.
However, Cage got hit with financial difficulties in 2009, so he returned both cars.
The leasing company was forced to sell both cars wholesale at a loss, reports TMZ.
Now, it is demanding 104,490.68 dollars for the ‘64 Rolls, and 137,077.06 dollars for the ‘02 from the actor.
Cage is negotiating a settlement with the leasing company, sources say. (ANI)
