Miley Cyrus buys a $127k car

Miley Cyrus has added to her collection of cars by splurging $ 127,000 on a brand new luxury convertible.

Miley Cyrus has added to her collection of cars by splurging $ 127,000on a brand new luxury convertible.

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Cyrus dropped by a Mercedes Benz dealership in Encino, CA last week and drove off the lot in a brand new white 2012 SL550 convertible, TMZ reported.

According to sources, the former Disney star paid the entire amount in cash.

Meanwhile, her bodyguard got behind the wheel of her old vehicle and drove it back to her pad so she could joyride in her new toy.