Kim Kardashian has splashed out almost $300,000 on a new car.

The reality TV star picked up a white Ferrari 458 in Los Angeles yesterday (03.10.11) and the vehicle retails from $273,917 but it is thought she splashed out on lots of expensive extras.

Kim is currently in her hometown of Los Angeles after spending time in New York with husband Kris Humphries and admitted she was pleased to be back.

Before picking up the luxurious motor, she tweeted: "There truly no place like home! (sic)"

It seems money is no object to Kim and Kris and they recently moved into a luxury home in New York.

The couple - who married in August - are now living in the presidential penthouse at the Gansevoort Hotel on Park Avenue and the abode has its own private deck with a dining area and patio heaters, as well as three en-suite bedrooms. It also provides panoramic views over the city and east river.

The couple are set to spend around three months at their first marital home - which is reportedly costing around $7,000 a night - which will be an ideal base for the 30-year-old beauty, who will film a new reality TV series with her sister Kourtney, entitled 'Kourtney and Kim Take New York', in the city.