This a caucasian's term for a black or African American's car. Specifically, the mentioned car was an early '60 or 70's VW bug retro fitted with a fiberglass Rolls Royce trunk lid displaying a replica RR grill and badge. This conversion was very popular in black communities in the Baltimore Maryland metro area.
" Look at that Rolls Royce coming. No, it's a rug's royce."
by SeaPilot June 30, 2009