1. A car that has a FIAT badge or rebadged FIAT cars like the Jeep Renegade.
2. A car that has a bad reputation and are endless money pits.
FIAT cars are garbage and are considered clown cars.
Any VW New Bettles are considered clown cars and they are POS.
Originally a slang term for cops that drove 5.0 liter 302 cubic inch V8 Foxbody Mustangs from the 80's-00's even though the Foxbody Mustangs ended production in 1993. Now it's just a slang term for cop.
Oh crap, the 5-0 is chasing us in a Mustang.