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Definitions by Spencer dorcey

Trailer park ferrari 

Any late 70's to early 90's American "muscle" car. Usually has peeling paint or is multiple colors. Bonus points if its a t-top or a vinyl convertible.
Examples include: I-roc z Camaro, mustang 2/ F body mustang, 2nd and 3rd generation firebird.
Guy 1 "When I was driving by the trailer park I saw a T-top camaro."
Guy 2 "Thats a real trailer park ferrari."