Tyga set to have his $400k Lamborghini 'repossessed after failing to make payments'

Rapper and Kylie Jenner's boyfriend, Tyga's car loan company is looking for him to confiscate his $400k Lamborghini after failing to make payments. TMZ reports below... 

According to docs obtained by TMZ, Tyga owes Choice Motor Credit $357,350.77 for not making payments on his 2013 Lambo Aventador ... and as a result, they want to take back the luxury ride.

Tyga should know the drill by now -- CMC says it already repo'd the rapper's 2014 Bentley Mulsanne back in February and sold it. However, Tyga's still on the hook for more than $91k on that whip. He's gonna save a ton on car insurance.