Cars that never seemed to have been purchased new, they just exist. Really popular in the early 80's. On up to its demise bought soley by old people. Any high school or community college parking lot is populated by a large number of beat to shit oldsmobiles, usually covered with rust and band stickers.
See also: k-car Mercury Plymouth Hyundai
Dude, that's one bitchin' olds, column shifters rock