I'm in a new car (4)
I believe the answer is:
mini
'car' is the definition.
(Mini Cooper)
'i'm in a new' is the wordplay.
'a new' indicates an anagram.
'im'+'in'='imin'
'imin' anagrammed gives 'MINI'.
(Other definitions for mini that I've seen before include "vehicle" , "type of garment" , "Car; short dress" , "Cult British car" , "Car designed by Issigonis" .)