3 definitions by Brian Krok

Car business term for when a dealer owns a used vehicle for less than Kelly Blue Book wholesale value.

To travel at a high rate of speed, most often in flee of perile and on foot.

Yes, this term is car business slang for large profit on a deal. However, it is more specific to the amount in thousands is equal to the "weight in pounds". Thus, if the salesperson made a $2,000 profit it would be a "2 pounder".