Any car, typically an older or particularly cheap model, which has had more than its value's worth invested in aftermarket (and typically cheap-looking) modifications.
The archetypetal hooptie is a beaten 70's-model American car with dark tinting and flashy (if not actually expensive) rims, but may include anything from an iced out Geo to a dilapidated van or Honda.
Compare with beater; contrast with whip.
Instead of investing money in a newer or more reliable car, Tito continued to drop more cash into laying the bling on his hooptie.
Prices shown in USD.
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