Is this old or new?

Fresno is a good place to start.

The letter shapes sort of resemble Bubba Love (which seems to have disappeared from Fonts.com).

Yeah, I saw that too. There are also a few similar fonts at Nick Curtis's site such as Buenos Aires and Lagniappe Inline.

But no exact match.

Bubba Love seems to be one of the many great fontographer fonts which have completely disappeared. It's such a shame and I'm really glad I have them already. I wonder if anyone plans to bring them back...

I would love to know the source of the sample - if it's vintage it may be very hard to find. If contemporary it's out there somewhere (unless it's in the fontographer vortex).