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Piece of shit, bagged cop car, featuring no options at all. Usually bought from the Ford dealership for way more than it's worth. Stands for Crown Victoria Police Interceptor.
Guy: Hey man, I just bought an 01 CVPI for 9Gs!
Other Guy: Nice! It'll only cost you twice as much to make it driveable!
by 1337.grafix@gmail.com November 13, 2007
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