Pen-tool cutting out objects Tutorial
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Intro:
This adobe photoshop tutorial explains on how to cut out a car from a background, this Pen-tool technique can be used for all objects with hard edges.
Download Need for speed most wanted screenshot here.
Note: I downsized my images here for smaller loadtime and to fit the design.
Step 1:
Open up the downloaded image, take the pentool
, and set the pentool on "Paths" 
Trace a path around the whole car, sometimes it makes a curve automaticly, this is how to fix this:

Go a step back,

Hold the ALT key and click on the latest square

then start tracing again, If that happens another time just do the same.
Step 2:
When your near the end click on the beginning square to make it one big path. Right click somewhere in the project with your pentool still the active tool ofcourse.. then choose "make selection", leave settings on default and press OK. Then inverse the selection (Ctrl+Shift+I) and press delete on your keyboard.

Step 3:
There are still 2 parts left inside the spoiler, that we didn't catch with the path around the whole car, just do 2 paths to delete those 2 also, it's so easy..
Optionally you can take the eraser tool and delete some minor pixels that show up and doesn't make the whole thing as smooth.
That's it! The pentool makes it so much easier to cut something from a background, unlike the old way this doesn't take much time and has a MUCH better result.
My end result:

I used color balance which I explain in a seperate photoshop tutorial, Click here for the color balance tutorial