Expensive car (usually an F-150 with the stars and bars flag on the back) that recipients of Hope scholarships recieve from their parents in exchange for attending one of Georgia's public colleges. While most scholarships tend to benefit disadvantaged youths, the Hope scholarship has been seen as generally benefitting middle and upper-middle class students.
Guy 1: How do this UGA douchebag manage to get an M3?
Guy 2: Oh thats just Hopemobile he got for staying close to home.
1. a car owned/driven by a homosexual 2. a car that appears that it would be owned by a homosexual. Perhaps pink or purple in color.
3. a car that a girl would typically own, but is owned by a male. i.e. a purple mazda miata, or any color of ford probe.
(if you drive a probe (and you are not a girl) you are a fag, or if you're not a fag that means that gay people beat you up regularly)