Typically used when talking about a new car because you, the owner, cheaped out on the options list! Example? The 3-series BMW with the smallest engine, 15 inch plain tires, bottom-end awful sound system with no auxiliary input, no navigation, zero-additional-options is a "poverty-spec" BMW.

Can be used to refer to almost any car...

...Note this does not apply to ultra high end cars that are AWESOME regardless of options. What kind of car does not exist in poverty-spec? Eg. Porsche 911 Turbo. Opinions may vary.
Dude, why'd your dad get that brand-new poverty-spec Corolla? For that $10,000 he could've gotten a nice fully-equipped Lexus on the used market!
by Danny512_89 June 25, 2011
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Poverty Spec is a term used when someone orders or purchases a car from a brand typically known for their higher end clientele (Mercedes, BMW, Range Rover, etc..) with very few options. This is done so the purchaser will seem more wealthy than they actually are.

An example of a "poverty spec" car is a Mercedes C class with just the lighting options to make the badge glow and project the emblem onto the ground under the doors. These cars typically have little to no options other than those that show off the brand.

Please note that this usually can't really apply to super high end cars like Mclarens, Lamborghinis, and Ferraris just to name a few, but it is still possible.
"Dude did you see that fancy Benz drive by?"

"Yeah, but it's a poverty spec C class, it only had the base 4 cylinder and illuminated badging."
by edible cactus October 1, 2021
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A term used to ridicule people who buy the lowest spec of a certain car or the cheapest car a high-end brand offers, just to say they drive that car or own a car from that brand.

Examples of poverty spec cars:
Dodge Charger SXT
Ecoboost Mustang
Range Rover Evoque
BMW 2-Series
Regular Hyundai Veloster (Not the N version)
Person 1: *pulls up in A-class* “Guys look at my new benz
Person 2: “That’s poverty spec bro”
by mcraftgoodfnitebad March 17, 2022
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