Gear for cycling leisurely on vacation; car moving around (5)

I believe the answer is:

lycra

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'gear for cycling' is the definition.
I know nothing about this answer so I cannot tell whether this works.

'leisurely on vacation car moving around' is the wordplay.
'on vacation' says to hollow out the word (remove centre letters) (after the inside letters have vacated the word).
'moving around' is an anagram indicator.
'leisurely' with its middle removed is 'ly'.
'car' with letters rearranged gives 'cra'.
'ly'+'cra'='LYCRA'

Can you help me to learn more?

(Other definitions for lycra that I've seen before include "Stretch fabric" , "skin-tight garments" , "Stretch fibre" , "Stretchy sports material" , "Elasticated synthetic material" .)

I've seen this clue in The Guardian.

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