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To use the term clip and dip is the slang equivalent for hitting someone with your automobile and then removing oneself from the general vicinity as to avoid an unsavory run-in with an enforcer of the law.
"Yo, Matt! I'm totally goinna maim your Caddy when I clip and dip on a po' fool wandering his broke ass 'cross the road!"

Words related to clip and dip

car hitting road smashing wreck