Nicolas Cage Facing A Big Bill Over Pricey Car Lease
A leasing company, Premier Financial Services has threatened him over breach of contract. He signed a five year lease on a 1964 Rolls Royce SCIII back in 2007. He paid $7,663.02 per month on the car which was worth at least $550,000. One Rolls was not enough, he also leased a 2002 Rolls Royce Corniche, a car worth approximately $245,000 and carrying payments of $3,630.71.
When Cage began to feel the financial pinch last year he turned in both cars but because the leasing agency had to sell the 2002 Corniche it has wants money for upaid bills as well as a penalty for having to sell the car wholesale. TMZ reports that Cage's people are trying to work with the leasing agency. There is a third category that Cage liked to spend a lot of money in, collectibles, so far that category has brought him some money, perhaps it's time to sell off the comic books and old dinosaur bones.