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Nicolas Cage Sued For Breaking The Lease

By Super

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. After four months he again got a 2002 Rolls Royce Corniche, which was on a 60-month lease with payments of 3,630.71 dollars. The car was worth 245,000 dollars.

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.

Now, the company is demanding 104,490.68 dollars for the '64 Rolls, and 137,077.06 dollars for the '02 Corniche, from Nicolas Cage.

Cage is trying to negotiate the settlement with the leasing company.

Story first published: Friday, March 12, 2010, 14:13 [IST]
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