Stingray (1978)

Stingray... it burns up the screen!

Lonigan and his partner Tony, two drug dealers, shoot two cops who attempt to set them up, and run away with a million bucks and the drugs, which they stash in a red Corvette Stingray in a used car lot. When they attempt to recover their stash with their leader, Abigail, they find out that two happy-go-lucky dudes, Elmo and Al, have bought the car. They quickly pursue the two along with the police who think that the car's new owners are the criminals.