Top Definition
An old, battered, worthless car that had previously been a flashy, expensive status symbol when it was new. These are driven by poor people who falsely believe that ownership, even if impractical, continues to be an outward sign of success and status.
He thought he looked cool when he drove up in his welfare Porsche -- a rusty1977 Chevy Camaro with a blown head gasket.
by blametaker April 14, 2013

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