Paris Hilton got a $500,000 SLR McLaren Mercedes Benz in the spring of last year. The doors flip up to open, and it’s such an exclusive car there are only 500 made a year. (Here are the specs on the car.) She seems to love that car and showed it off quite a bit when she first bought it.

It seems that either Paris’ people didn’t remember to pay her bills, or she neglected to keep up the payments while she went through her very public trouble. She forgot to make two monthly payments on the $400,000 loan, and the car was repossessed by the bank!

Star has learned that after Paris, 26, missed two car payments on the $400,000 loan… the repo man moved in. The car… is now in a Gardena, California, recovery lot. “When we learned it was Paris’, we were shocked,” says an insider. “She must have been so distracted with everything else, she forgot to pay her bills!”

[From Star Magazine print edition, July 2, 2007]

This is the same car in which she got a DUI, so maybe she doesn’t want the painful but ultra-stylish and high performance memories. It’s more likely that she just forgot all about it, just like she twice forgot that she wasn’t supposed to drive with a suspended license.

Paris gets out of jail tomorrow and I wonder if we’ll be seeing pictures of her at the impound lot bailing out her vehicle. She will appear on Larry King on Wednesday night.

Here are pictures of Paris with her car in April, 2006.