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Rims that are oversized and most likely are more expensive then the persons actual car. This term mainly refers to niggers or wiggers.
Jake: Hey look at the rims on that piece of shit car!!!

Nate: Yeah that spook spent all his money on Coon rims.

Erich: He tried paying his hotel bill with Food Stamps... what a coon
by Jordan Handelin January 01, 2007
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