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2.
Description of someone wearing a fake hair weave that looks unusally long for that person.

Long fake hair that looks as if it came off a horse's tail, and used as hair weaves, etc.
That ain't her hair, she's a phony pony!
by Joe Gayle February 21, 2003

Words related to phony pony

cobra fake foney fony gt mustang phoney phony pony shelby
 
1.
Fake hair, specifically a fake pony tail.
"Cute hair."
"Girl, that's just a phony pony."
by Judy Birgen November 24, 2007
 
3.
A V6 Mustang made to look like a Mustang GT or a Cobra, a Mustang GT made to look like a Cobra!
I tried to go race that Mustang, but it turns out it's just a phony pony.
by Trans Am Cammie December 26, 2006