Post Malone’s $3.5 Million Bugatti Involved In 5-Figure Lawsuit

Post Malone began his music career as an independent artist in 2013, and his debut single “White Iverson” helped him gain recognition. Malone is a car enthusiast who dropped $3 million on a white 2019 Bugatti Chiron in 2019. The rapper recently decided to sell his 2019 Bugatti Chiron, but he probably didn’t expect it to be in the middle of a $5 million lawsuit.

According to KSL, a Las Vegas attorney named Steven Dimopoulos is seeking $75,000 and the right to purchase Malone’s car after a deal with Montana’s Excalibur Motors fell through. Excalibur Motors was selling Post Malone’s Bugatti, and he gave Utah-based Die Trying Auto Brokers and Josh Ayers permission to list the car on DuPont Registry earlier in March.

Dimopoulos claims that after submitting an online inquiry for the car, he called Ayers and negotiated a price of $3.5 million. After agreeing to sell to another buyer from Maryland, Ayers apparently called back later that day to apologize.

With the other buyer having a set period of time to deposit the funds, Ayers allegedly sent Dimopoulos a sales contract that stated, “Steve (Dimopoulos) acknowledges that this is a back-up offer. If (the other buyer) fails to complete the transaction on 3/4/2022, Steve has the first right of refusal.” According to the lawsuit, Dimopoulos returned minutes later with a signed copy of the agreement, which Ayers also signed.

After the other buyer failed to meet the deadline, Dimopoulos claims he told Ayers that selling the Bugatti to someone else for a higher price would be a breach of their agreement and that he would sue for the difference in price. Dimopoulos filed a breach-of-contract lawsuit against Ayers in federal court in Utah on Wednesday, March 9, after Ayers allegedly hung up on him and became unreachable.

Post Malone’s Bugatti was famously used in the video for his song “Saint-Tropez,” which was taken from his 2019 album Hollywood’s Bleeding. The rapper can be seen driving the vehicle around Big Cottonwood Canyon near Salt Lake City in the video, which has over 100 million views on YouTube.

Post Malone spent over $140,000 on the Bugatti’s customization, which included $64,000 Caractere wheels, $38,200 silver mesh, $32,000 comfort seats, $10,000 aluminium interior inlays, and more. Let’s see where this goes. To get the latest updates, keep an eye on Thirsty.

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