Young Dro

Hip-Hop Rumors: Where's T.I.? Young Dro's Car Gets Repo'ed!


It’s a recession, people! Rappers, athletes and actors are not exempt. Case in point, Grand Hustle artist Young Dro is the latest “celebrity” to be put on front street for their lack of funds. Dro’s money troubles reportedly have him in the hole to the tune of $61,220.37 – the sum he owes the leasing company for his 2007 Maserati Quattroporte Sport GT.

Dro’s Maserati has been repossessed by the leasing company, and the company is now suing him for defaulting on his loan plus attorney fees.

The rapper began leasing the car in January 2008. According to documents obtained by TMZ, Dro put a $7,500 payment on the car and agreed to lease it for monthly payments of $1,606.62. Somebody call T.I. and let him know his artist needs him to cut a check!

  • therealest1

    Deadbeat shit. Repo shit.

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  • I guess he faked it and didnt make it

    • nino970

      Lol

  • That is at least 70K he spent & is walking?
    Looks like he would have been better off dropping 2 racks on a reliable hoopty , with mix-matched rims / hubcaps , an inexpensive multi unit & invested in a business, like a barber shop , bar or club.

    70+Racks & walking? Still owes 60 racks? & it was a lease? 130K just to rent? Talk about stupid?

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  • rep87

    He”s not alone in this situation thats touch majority of americans today foreclosers and repos run hand in hand its not a laughable situation , thats why Jimmy Henchman was selling drugs because them rap dollars aint what they use to be

    • tbirdandkoolaid

       How can you compare the plight of the average cat working a 9 to 5, renting an apartment, and living check to check to a ‘rap’ cat that tried to live an image by leasing a Maserati?

      Even though my heart bleeds for no one. If the average cat got his sheet repoed I would understand.

      Rap dollars ain’t what it use to be? You must be new . Rap dollars or record company dollars never has been anything.

      Like the cat EDOGZ said, ‘homeboy just dropped 70g’s and still owe another 60 on butter and not guns.

      I always thought Dro had common sense.

      • I didn’t quite put it that way…..but your way was much better!

      • rep87

        I was stating every level in life has been effected by this economic down turn ! its not debatable because we are saying the same thing

  • ItGoesDownINtheDM

    If he’d financed he’d be in a better situation … doing the lease option he has no ownership of the car lol and @ $1k+ per month shaking my head talk about throwing the money away like u got it like that …. by the end of that lease he prob could of owned 2 new benzs smh …….. smarten up folks learn about debt … lease = deep debt if ur not too carefull … when ur making $$ like artist do I don’t see how leasing fits their lifesytle u should always been working towards owning …. that’s artistry cars and homes !!

    • Artist don’t make a much as they portray. System set up to keep artist in debt.

      • Romia Blue

        This isn’t so much about debt as it is plain stupidity. Come on now; we have NBA and NFL ballers who are claiming bankruptcy not even 5 years after they go into retirement and they make WAY more bank than an average rap artist. Dro dated Fantasia at one point too, didn’t he? He ain’t learn from her? They almost took her house. LMAO AND THEN SYDNEY SUMMED IT UP AND SAID TELL T.I. TO CUT HIM A CHECK! A CHECK FOR WHAT? this dude did 3 mix tapes in the last 5 years and the only ablum under TI’s label came out almost six years ago.

        At the end of the day dumb a$$ ni66as ain’t learned YET to work within their means. Dude could’ve got a Hyundai Genesis and took the emblem off that bytch; anything in all black look hot and expensive

      • immackulate

        these niggahs making money fam …. sometimes more than what the average person makes in a yr (50k >>> thats only 5 shows to an average rapper @ 1ok per show) but then they have entourage, expenses, etc… so let’s say they tk home 25k that month after expenses, fee’s, etc … on an average that’s still 275k per yr then take out 20% for taxes they left with 223k per yr

        if a niggah cant budget a mortgage, car notes, medical expenses, child care from 223,thouWOW a year – he deserve the I.R.S. on his ass

        these niggahs got that TAKE FOR GRANTED BUDGET where they spend it almost as fast as they make it with the thought that they can somehow make it all back before they get a chance to miss the money … LORD knows things never work out according to plan …

        how can you have one of the smartest business men in the industry at your side and not learn a thing or two about investments, profit sharing, etc…

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  • immackulate

    shouldah got a camry

    • thaGOD83

      mane that is funny as hell, a camry gets you 200k miles with no prob, and most mechaniccs can fix em

      • immackulate

        these niggahs stupid fam … they try’n to get up with the JONES’
        and show the “fans” that they ballin’ … but a smart niggah would look at it
        like HEY, THEY SEE ME ON TV, HEAR ME ON THE RADIO they (fans)
        think im worth more than i really am so let me just buy 1 after market Escalade with 20k miles on it so it doesnt depreciate – some fake jewelry cuz they gonna auto. assume its real … pay off my debts, save more than i make since im never at home to really enjoy driving my escalade … so in case TI has to go back to jail – i can still live life cuz lord knows i aint been hustling like my labelmate B.O.B. has

        this niggah thought the complete opposite

      • stanthetech

        thats the realist statement i heard yet about these dumb ass “one note charlie ass” rappers that dont understand tomorrow is not promised in this game, he probably made at least a couple mill while he was hot which if he was smart whould set him for life, but his dumb ass thinking the money will never stop got bamboozled into lease by the maserati dealership …smh …clown

  • Follow me on Twitter @MrDramakazi, Hugh Hefner supposed to be third wife, Crystal Harris does, DefJam Recorings, Video vixen Phoenix Vixen, and Hustle Bunny Karen Jael. Follow me, follow me, follow me!!!!!!!!!!

  • ccwaterbound32

    what do you expect? homeboy ain’t drop an album since what 07? s*it i know that n*gga foxx from Trill Ent. get paid at least 10 to 16g’s a show. and he stays working putting out new singles now here you got dro who’s on a renown record label and has a record already out seems to me he would’ve stayed consistent with his recording process and established a decent if not solid fanbase to continue to tour. artist got to understand demand is high for new music but unfortunately supply is down for these new artist they have no kind of work ethic no business savvy and above all else no understanding of reinventing their brand to catch new potential fans to increase their brand’s growth… it’s simple…

    •  Which is why I respect 2 Chains grind even if I’m not a fan of his music.

      • ccwaterbound32

        and i totally agree with your comment…2 chainz sucks harder than a dyson vacuum cleaner but at least he gettin well compensated for his trashy music….

  • Nemesis_Enforcer

    $1,600 a month for a vehicle that you DON’T OWN! Wow. And that’s not Dro’s only car. He has one of the sickest Escalade’s I’ve ever seen.  That’s not enough?  Why waste your money on a vehicle when you don’t have a huge catalog yet?  

    These entertainers don’t know how to manage money because they are too busy trying to impress other people.  Well the dealership isn’t impressed. Neither is the IRS (who I’m sure is lurking).

    I like Dro too.  Im surprised.

    • Romia Blue

      hopefully he owns the escalade because if he’s still making payments on that joint, that’s probably why he slipped on the maserati #ijs smh lol

  • dubdadon

    He was on operation repo or south beach tow

  • nothing better than watchin a wack rapper get skinny right befor ur eyes!

  • j

    Dumb nigga shit.
    First thing you do when you make ONE album? Go LEASE (NOT BUY) a Maserati.

    • Frank

      Nas warned ’em in “Life and Death”.  “Repo looking for my lex, back then I wasn’t buying.”

      One of my favorite songs.

  • hillsidehood

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  • mrgibson

    Not surprised……most of these dudes don’t know anything about money.  That’s why these labels are in a hurry to sign them up for deals when their buzz is high, because they can make triple the money off of them and they know these artists will just blow it on dumb shit.

    Most of this paper that these rappers (the ones signed to a label with a deal) are out here “balling” with is advance money, which they have to pay back in full.  He coulda bough 2-3 cars for the price of that leased shit, nice ones too.  It’s funny, I was listening to an interview with Mac Miller the other day and the only thing i’ve heard him talk about that he bought was a house. 

  • Pierre Elliott

    SHOULDER LEANNNNNNNN

  • Maybe he should return some of those RL Polo’s he bought from Macy’s

  • OCYRUS

    T.I. aint cpt. save’em … manage yo $$$$$ better pimp! he tried to be slick by taking out a loan that show-U right there he couldn’t afford it

  • Weedras

    dude coulda bought th damn car and make those payments as opposed to leasing it… smh… now you gotta pay the principal in full… smh…

  • justyouraverage

    why is this anything to do with t.i ? … reminds me of when the roc broke down as a lable an everyone expected jay to do favors to keep people he already made millionairs rich

  • Mr.Rude

    “HE’S THE TYPE OF PERSON THAT’LL DRIVE A MASERATI” !! ..Lmao.. Go look that song up on youtube.

  • I saw him in that car.I wouldn’t wanna give it back either.Shit was hard

  • 1 hit wonder…. so is 80% of rappers now w youtube & internet…& 1 hit wonders are able to last longer like rick ross & maybach music b4 people figure it out

  • TIP reincarnate the dope boys in the trap that’s the TIP the streets want,and where the hell is PSC? And the nigga young Dro hot,but you never here about his shit and when it drop,advertise the nigga.All good,great leaders make shore the hole team eat my nigga.Oh yea! TIP can I get a few tracks with you and that nigga CBO ?

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