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Jermaine Jackson

Drops Big Bucks On Ferrari

During MJ Jury Deliberations

10/5/2013 7:05 AM PDT BY TMZ STAFF
EXCLUSIVE

1040_jermaine_jackson_ferrariJermaine Jackson may have put the cart before the Ferrari this week ... he bought this wildly expensive whip while the MJ jury was deciding whether to give his family as much as $40 billion. 

Jermaine went to Calabasas Luxury Motorcars Monday to pick up the 2009 Ferrari California, which was listed at $169,995.  Sources connected to Jermaine tell us he was able to wheel-and-deal the dealer down to the low 160s.

Jermaine didn't have to plunk down the entire amount.  He traded in his Rolls Royce and got around $90k.  We're told he paid the balance -- just over $70k.

As we reported ... if Katherine would have won her lawsuit against AEG, Jermaine and her other kids would likely have been the beneficiaries of the judgment once she died.  But it was not meant to be.

The only hope left is suing Dr. Murray ... which would put him in the Ford Focus market.

167 COMMENTS

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61.

HumanNature    

I JUST HOPE THAT GERMAINE AND CRAZY RANDY DON'T PERSUADE THEIR MOTHER TO FILE AN APPEAL!!!!!!


LET MJ R.I.P.

322 days ago
62.

Yurra Knutz    

My car can go anywhere Jermaine's Ferrari can go and it didn't cost 169k

322 days ago
63.

Usagal    

Take care of your children!

322 days ago
64.

Yurra Knutz    

...Now if he would have bought a Maybach Landaulet for $70k... now that would be impressive.

322 days ago
65.

Elizabeth    

Jermaine needed another car like he needed to put more grease in his oily hair!

And what happened to him paying child support, isn't that more important, then another car- Jermaine?

322 days ago
66.

Suxtobehim    

This fool can't pay child support but he can buy a car like this. Utterly amazing.

322 days ago
67.

Patlouela    

How much do you want to bet this is on a lease, and as soon as grandma jackson finds out, it's gone ?

322 days ago
68.

HoTMZ    

I van't wait for all 3 of Micharl's kids to turn 18 so they'll have access to what's left of their money wothout going through Katherine who gives it out to her greedy undeserving children :/ glad Paris got away from them.

322 days ago
69.

Mckayla116    

Disgraceful :( shame on you if you are not current with child support !!!!

322 days ago
70.

Majestik    

Isn't this the same one that has twins with a woman who comes from a very wealthy family?

322 days ago
71.

HoTMZ    

No wonder the jury deliberated against them.

322 days ago
72.

Gsharon 710    

My last thoughts on this non of our business subject. TMZ is the one who mentioned what kids may get when Katherine dies....Not the Children! It is ugly to speak of money after her death when she is still breathing and can read. You took it upon yourselves to say they just wanted Michael's money. Have you ever lost a world known child who may have had people around him that did not care about his life after a while. Have you had a child that has come to you and said someone wanted to kill him, then he is no longer with you? Mrs. Jackson found out a lot from this trial. She now knows how the people he hired spoke about him in e-mails and behind his back. Perhaps some of us would want more money, but we do not know that is what the family is wanting. All of the Jacksons had made it in this world. When they stopped being so popular, they became just humans once again who make bad choices and mistakes. Our mistakes are not loaded with garbage in the rags, so very few will ever know, or care about the trials we have. If you think bad of the parents of Michael, remember, his strict parents did not harm him so much that he forgot about giving to others. From the beginning until now, people have said horrible bad things about the Jackson family, and most of us don't know squat about their family lives, only what we read. What I am saying is for any family. Now lets go look back on our own lives and see where we made bad choices and clean that up and not pass it on to our next generation.

322 days ago
73.

Sandra     

This loser needs to get a job and not live off of his dead brothers money!!

322 days ago
74.

CharlieDon'tSurf1    

Oh yeah, one more comment. AEG showed great restraint considering they had to deal with what began and ended as nothing more than a nuisance lawsuit. Katherine should be forced to pay for all the defendants legal costs and pay the jury big time for having to sit through incomparable bull ****e. The legal court system has to change; this never should have gone to trial. Dr. Detroit Murray will be out soon and I hear he's getting a job as a street sweeper. What a s***bag and really not any different than MJ's family. maybe he is part of their family and we were not told-HA

322 days ago
75.

ummm?!    

The car is as "unique" looking as he is. Momma Katherine must have given him his allowance.

322 days ago
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