If there was a reality show called “The Loser,” JON GOSSELIN could be the star! He lost his beautiful wife KATE, his super-popular TV program – and NOW his beloved luxury car.

Times are so bad financially for the former star of “Jon & Kate Plus 8” that his prestigious BMW M3 was recently repossessed, and the infamous skirt-chaser is now stuck driving his mother’s beat-up minivan, reveal insiders.

The 34-year-old dad – who works in construction and instal­lation – missed multiple payments on the vehicle, disclosed a friend.

“Jon contem­plated selling the car a few times over the past couple of years, but he never did,” noted the friend. “He loved it and always scraped together the monthly payments.”

But the hard-pressed hard hat – who lives in a one-bedroom apartment in Wyomissing, Pa., with his 24-year-old girlfriend Ellen Ross and several rescued dogs – could no longer afford the upscale car.

Although he’s lost a lot, Jon still has time with his kids.

Fol­lowing his split with 36-year-old Kate two years ago, he shares custody of their eight children – 11-year-old twins Mady and Cara, and 7-year-old sextuplets Joel, Collin, Aaden, Alexis, Leah and Hannah.

Still, expenses are high, and Jon is running on empty.

He was extremely upset to lose the car, but he’s been trying to put everything into perspective and realizes the minivan he’s borrowed from his mom is actually better for lugging the kids around, noted the friend.

“And the money he’ll save will help him, Ellen and their dogs get a bigger apartment.”