Lol no. The handling is awful and the physics makes the car feel like it's made of platsic. Go over a jump and the car will just float through the air. The damage model however is great, you can really fuck up the car.
Mafia 2 has the best handling and car physics of any open world game I've played, the cars have weight to them and the feel really satisfying top drive. The damage model isn't as good as GTA IV though
I would agree with this( not IV is horrible) , MAFIA 2 is probably the ONLY game that can compete in terms of physics with GTA IV, but oyu have to remember cars in that day were very heavy and the devs made the physics refelct that right.
IV weight was well done for the cars I thought, better suspension and less traction control with a little better grip and boom, they will be near perfect ( as in 9.9/10)
My rating of car physics, the most underrated part of open world games to me
MAFIA 2: 9.7/10
IV: 9.4/10
SA: 7/10
SD: 5/10
JC:4/10
SR:3/10