Besides its well-known meaning, "an automobile that has been rebuilt or modified to increase its speed and acceleration", "hot rod" also means a person who drives a really cool car but who is too ostentatious.
From "10 Things I Hate About You":
Walter Stratford: I know who you wanna bend the rules for. It's that hot-rod Joey.
Bianca: What's a hot rod?
Walter Stratford: I know who you wanna bend the rules for. It's that hot-rod Joey.
Bianca: What's a hot rod?
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Teresa loves a warm hot rod in the shower. Was it accidental? Probably not.
Hot rod = peeing on someone's leg, hopefully in the shower
Hot rod = peeing on someone's leg, hopefully in the shower
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