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small penis car 

Also applies to humongous "manly" vehicles that are not allowed to wear dirt, let alone get driven on it. Glossy Hummers, pinstriped pickups, and similar macho-but-impractical trucks and SUVs that cruise cities and suburbs.
The Hummer is the most useless vehicle ever built; it's the ultimate small penis car.
small penis car by JimDD April 14, 2006

small penis car 

Fancy-ass sports car-type vehicle. Seen driving everywhere, excessively fast, usually with loud and very bad rap or rock music blaring.

These cars are often older models, driven by young men (ages 16-30, usually).
(a white sports car with obscenely large spoiler and 50 cent's "Candy Shop" blaring drives past)

Person #1: Wow, that guy must have the smallest penis in the world.

Person #2: Yes, in fact it may even be a woman who thinks they are a man.
small penis car by Yeeaaaaah June 6, 2005

small penis car 

Derogatory word applied to a vehicle used by a guy that wishes he can afford to drive those so-called "small penis vehicles" (vehicles that seemingly are overcompensating for a guy's "under-endowment." Examples include but are not limited to: fancy sports cars, and large trucks such as F350s that are raised with a set of over-sized tires). He may also be likely doing this to make himself feel better about his small penis.
I think it's funny that poor people always dismiss men that drive nice cars by saying they must be compensating... you can apply it to any car - Mercedes? small penis car. Corvette? Small penis. F-350? Small penis... But hey, I'd be insecure if I drove a Corolla too.

small penis car 

a exotic car such as a ferrari or a big SUV such as a hummer used to make up for having a small cock. NOT a muscle car.
*ferrari pulls up to light,revs engine* dude 1: haha,check the fag in the ferrari dude 2: he's gotta be compensating,that's a total small penis car.

Red Car Small Penis 

The tendency for men with small penises to drive red sports cars to overcompensate for their lack of manhood, when all this does is attract negative attention, especially from girls, who immediately think: Red Car Small Penis!
One girl to another: Check out the red car!

Another: Check out the dude driving the red car!

Both girls: Red car small penis!!!!