The 17-year-old singer is hoping to impress his girlfriend Selena Gomez with the purchase of the `Project Kahn` car, which has a sound system worth £50,000, leather interior, modified paintwork and a Cosworth engine.
A source told The Sun newspaper: "Justin loves his motors even though he`s barely old enough to drive.
"His girlfriend Selena Gomez will be well impressed with his latest. It`s the business."
The `Never Say Never` hitmaker is set to get the vehicle shipped from Bradford, west Yorkshire, Northern England, where he purchased the motor from the `Project Kahn` operation - whose previous customers have included England soccer star Wayne Rooney and TV star Katie Price - to his Los Angeles home.
He will add the motor to his fleet of vehicles, which includes a Batman-themed customised Cadillac and a Ferrari.
Last month, he was pulled over by police in Los Angeles in his Batmobile-inspired Cadillac after he reportedly cut off an officer. He was given a warning and allowed to carry on his way.
Earlier this year, the teen heartthrob was unhurt after being involved in a minor car crash when his Ferrari - which he is thought to have been driving alongside an unnamed passenger - collided into a Honda Civic at the Studio City area of Los Angeles.
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