New car gismo is extremely exciting (8)

I believe the answer is:

orgasmic

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'extremely exciting' is the definition.
I can't tell whether this defines the answer.

'new car gismo' is the wordplay.
'new' is an anagram indicator.
'car'+'gismo'='cargismo'
'cargismo' with letters rearranged gives 'ORGASMIC'.

'is' acts as a link.

Can you help me to learn more?

(Other definitions for orgasmic that I've seen before include "Climactic" , "Very pleasurable" .)

I've seen this clue in the Sydney Morning Herald.

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