A "late model car" is a car which has been recently designed or manufactured, often the latest model. (An "early model car" or "classic car" is a car old enough to be of historical interest; there is no usual intermediate term.) The term is broadly used in car racing, and often appears in common use, as in "The officer was driving an unmarked, late model sedan."
There is no precise definition. According to the Michigan Department of Motor Vehicles, a late-model vehicle is defined as:
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Late model racecars are the highest class of local stock car racing vehicles at many race tracks in the United States and North America. Some regional and lower national-level series race in late models. Varieties of late models (ranked from highest vehicle performance to lowest) include Super Late Models, Late Models, and Limited Late Models. Some series require crate motors to be utilized by racecars under their sanction. Vehicles raced on dirt are significantly different from vehicles raced on asphalt. Asphalt late model racing is an extremely common stepping stone for drivers who race in regional and national touring series including NASCAR. Racers of both dirt and asphalt Late Models have won the national championship of the NASCAR Whelen All-American Series.[2] Almost every NASCAR Sprint Cup Series driver raced in the class while progressing their career, and many crew chiefs have also developed through this level. Many often run in Late Model classes during off-weeks or special races, while some drivers who did not advance through this level (such as Juan Pablo Montoya) have since raced a Late Model. (Montoya in 2007 raced the Prelude to the Dream at Eldora Speedway, a charity event with NASCAR Sprint Cup and other notable drivers.)