No, he did buy a pink cadillac, right after the heist, when Jimmy had told everyone not to buy anything. But, Morrie bought it anyway and was killed. I believe he and a couple of other guys(cant remember who) got in his car and then the one seated behind him stabbed him in the back of the head with an icepick or something like that. Then that night his wife called Henry and told him she knew somethimg was wrong because Morrie had never stayed out all night without calling. And yes, some kids did find the car with the end of "Layla" playing.