Miley Cyrus Splurges On A Convertible

Miley Cyrus just bought a new $127,000 Mercedes Benz SL550 convertible!

The 19-year-old pop star was spotted paying cash for the hot ride at a Mercedes Benz dealership in Encino, California last week. The brand new car is white, a convertible and goes from from 0-60 mph in 5.3 seconds. She even posed for a photo with the car salesperson before she sped away and drove home in her new car.

Check out Miley's new car and sound off in the comments! (Splash)