Version Number:0.55.2 beta
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Location
zoric
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Description:
noticed it with 55.0 as well.
if you open up vehicle settings, and scroll to a vehicle that doesn't have a model set, its like the world turns inside out. water shows threw everything, buildings go semi-transparent, vehicles seem to vanish.
your view will go from looking good:

to looking like this:

it sometimes fixes it self after going into small and back out, but it wont always stay fixed.
closing and opening the client seems to be the only guaranteed fix.
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Steps to Replicate: