I think so, yes!
There are lots of 'real life' acting videos for the story mode and they've very cleverly made your car AND IT'S MODS CGI'd into the videos. It's seamless and you can't even tell it's not real video.
It's really well done, they've done something to the live action stuff so it kind of makes it look a bit CGI, was doing my nut in at first trying to decide if it was CGI or live action, then it clicked that it was a combo. I've only managed about 40 mins playing and it was night and raining the whole time, does that change in the beta at all?