Memory says

once upon a time
I was rocking out on the Cape
and saw Carly Simon hitchhiking

Picked her up of course
She and James Taylor
had just had a brutal fight
She walked away and stuck out a thumb
and now here she was in my Porsche…so I

will be polite and non-descriptive
except to say she paid for bed and breakfast

If memory serves I wrecked that Porsche
trying for one last kiss or feel

I remember it all perfectly —
it was a silver 911S
She was wearing the floppy hat
from the No Secrets album cover
and that slip dress thing from Playing Possum

But for the fact that I have never owned a Porsche
and have never slept with Carly Simon
it was the greatest night of my life

See
I heard this story a long time ago
from a woman who claimed
that it happened to her
except
it was James Taylor
who picked HER up
in HIS silver Porsche

and I said
if only that were me
so memory said
we can fix that
and now
I think the song is about me