Plot hole: Magnum gets through a wild goose chase because of two false clues, but their presence is not explained in the denouement nor makes sense. Magnum suffered no real amnesia, he says, and it's proven Magnum has never been to either places, so the parking ticket and card must come from the killer, linking them to the murder in an unnecessary way. They fill screen time nicely but do not fit the murder scheme.
Plot hole: The key plot point needs that the mechanics fixed a car completely wrecked in large parts of the chassis. So nobody gave it as much of a test run after working extensively on the aerodynamics, nobody sat on it for a moment, nobody drove it a few meters from the tow truck to the work area, at all and a single mechanic of the large car shop is able to say that with absolute certainty. It's an enormous stretch - not to mention that while Selleck's slouched posture in the episode makes it not entirely unbelievable, he is taller than Mark Withers by an inch, and the Ferrari was modified in real life to accommodate Selleck's size - there would be no way to push the seat further back, and the plot point is unnecessary for the resolution.