Car Wood is a rare wood that spawns like spook wood, between the 29th of January and the 5th of February, as January 29th is the day the car was invented.
Car Wood has the same spawning areas as spook wood (grass, cliffs, roads etc.), but might be much harder to obtain, as you only have a week to find it.
It is very easy to chop into, taking as many hits as a birch tree. The log and planks always will have a car shape, and when put into a blueprint it will have a pastel red type color. When a plank is thrown, it will slide across the ground, and when stored in the bed of the car will increase its speed by 1% (+ 1 plank = + 1%)
This wood started off as an inside joke on a Lumber Tycoon 2 focused discord server. As a user named Burge commonly suggested it to be added into the game. Eventually, it was given to him as a trophy for his base.