Previously, I showcased the graphical improvements with BeamNG.drive version 0.23. However, in that video, dynamic reflections were turned off because in the past it killed my framerate whenever I had it on. However, what I didn't account for were the optimizations to reflections as well as improvements in this update.
Now, dynamic reflections (on their lowest settings) net me a loss of less than 5fps rather than more than 10fps at the gain of much greater graphical fidelity.