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Missy Elliott

My Lambo is Being

Held Hostage!

7/10/2012 12:40 AM PDT BY TMZ STAFF

Missy Elliot
insists ... her brand new Lamborghini is being held captive by an Illinois car dealership -- after she paid handsomely for the luxury vehicle -- and now, she's suing to get her ride.

The rapper filed the lawsuit in Florida against Fox Valley Motor Cars, claiming she entered into an agreement with the dealership last year to buy a 2012 Matte White Lambo Aventador (below, in orange) for $376,000.

According to the lawsuit, Missy -- repped by Singh, Singh & Trauben -- agreed to make a down payment that included $30,000 in cash AND her 2005 Bentley (valued at $85,000). In return, Missy claims the dealership agreed to ship her the Lambo by mid 2012 ... but never did.

Missy says she contacted Fox Valley for an explanation -- and was told the terms of the deal had changed because the market value of the car had risen.

According to the lawsuit, Fox Valley refused to deliver the car for the agreed upon sale price -- and demanded way more money in exchange for the vehicle.

But Missy says that's BS -- and now, she's suing Fox Valley for possession of her Lambo, plus damages resulting from the dealership's breach of contract.

Calls to Fox Valley weren't returned.



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Good for her, she's absolutely doing the right thing by filing the lawsuit. The dealership has reneged on a deal that they agreed to, period. They had no business taking her Bentley in trade and $30,000 in cash as a down payment if they were not going to honor the price they negotiated with her. Fox Valley Motors needs to suck it up and sell her the car at the agreed price before they lose more than this case... the public's trust in the way they conduct business.

801 days ago
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