Miley Cyrus Buys $127,000 Mercedes-Benz Convertible with Cash Upfront

In some breaking Hollywood news, Miley Cyrus has decided to buy another car to add to her collection.

The 19-year-old singer and actress who got her start on Disney's hit show Hannah Montana, walked in into a Mercedes-Benz dealership in Encino, Calif., and walked out the proud owner of a SL550 convertible, reported TMZ.

Sources told the entertainment site that Miley paid for the car up front and in cash. It only set her back $127,000.

On Monday, Cyrus allegedly broke her tailbone, taking to the Internet to discuss the incident.

cracked my tail bone doing a front flip...on to the couch. thats like when i tripped over a pillow and broke my arm. #onlyme, Tweeted Cyrus.

But her broken tailbone doesn't appear to have any effect on her driving ability. She reportedly drove off the lot the same day and had her bodyguard drive her old car back to her place, so she can test out the car.

Buying expensive items is nothing to new to Cyrus. In 2010, reports circulated the Internet that she bought $30,000 extensions.

She has certainly come a long way from appearing on the Disney Channel.