Made in reference to a girl who is ass ugly. Worse than a paper bagger (who just has an ugly face but a nice body). You can have sex with a paper bagger by putting a paper bag over their head, but a body bagger is just too damn ugly.
Me: Damn, I wish i hadnt eaten that burrito after seeing that body bagger. That shit makes me wanna puke.
Joe: O man, i could tap that if i put a paper bag over her head.
Me: Shit you must be drunk, that bitch is definately a body bagger. I'd rather have sex with Bob Saget.