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In recent years, the smart car sector has been increasing enormously in the Internet of Things (IoT) market. Furthermore, the number of smart cars seems set to increase over the next few years. This goal will be achieved because the application of recent IoT technologies to the automotive sector opens up innovative opportunities for the mobility of the future, in which connected cars will be more and more prominent in smart cities. This paper aims to provide an overview of the current status and future perspectives of smart cars, taking into account technological, transport, and social features. An analysis concerning the approaches to making smart a generic car, the possible evolutions that could occur in the coming decades, the characteristics of 5G, ADAS (advanced driver assistance systems), and the power sources is carried out in this paper.