Lebo M to Reportedly Lose His Mercedes-Benz A200 After Non-payment, Refuses to Hand Vehicle Over

• Lebohang 'Lebo M' Morake is alleged to lose his Mercedes-Benz after failing to maintain his loan repayments
• The Lion King composer is reportedly refusing to hand the Mercedes-Benz A200 vehicle over
• Mercedes-Benz Financial Services slapped Lebo M with a default judgment at the Johannesburg High Court

There might be trouble in financial paradise for the Lion King composer, Lebohang 'Lebo M' Morake. It is alleged that Lebo M failed to repay his monthly instalments for the flashy vehicle.

Lebo M reportedly fails to maintain loan repayments

Lebohang 'Lebo M' Morake is allegedly on the verge of losing his Mercedes-Benz A200 after failing to maintain his monthly loan repayments.

According to Sunday World, Mercedes-Benz Financial Services slapped musician Lebo M with a default judgment at the Johannesburg High Court just recently.

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Boity appreciates Lebo M for inviting her to 'The Lion King' show: "You are truly a living legend"

Lebo M refuses to hand over vehicle

The news publication reported that Lebo M and Mercedes-Benz agreed to a loan-to-buy contract on 6 March 2020 in Sandton. The loan amount was R478, 219.40.

Lebo M is also apparently refusing to hand over the pricey vehicle to the car company.

@MDNnewss shared the story on X, and netizens reacted to it, some with humour and others offering advice.

Here are some of the comments:

@ShiloteW said:

"I always say to my Clients, do not exhaust a deal just to have a low premium, always leave room for unforeseen circumstances. You can't say you got a good deal if it's without a 3 month's "grace period".

@AmuMabasa2 joked:

"Dude signed a R127 Million Deal for his Lion King Royalties.... Dude can pretty much buy a Benz Dealership when the check clears."

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How Lebo M protected his assets

Amid his pending messy divorce with Pretty Angeline Samuels, Lebo M will keep his riches. This is because they had signed out of the community of property after getting married to protect their assets.

Despite this, Pretty Samuels demands spousal support in the amount of R150K.

Boity thanks Lebo M for invite to The Lion King's 30th-anniversary concert

In a previous report from Briefly News, Boity Thulo expressed gratitude to Lebo M after he invited her to The Lion King's 30th-anniversary concert in the USA.

The rapper thanked Lebo M on Instagram for making her childhood dream come true and praised his contribution to the film's legacy.

Lebo M responded to the post and showed his appreciation to Boity for her attendance.

Source: Briefly News