Doley can be used to describe a old or rusty bicycle commonly rode by people who don't have a lot of money or live on the dole. Also it can be used as a verb going on a doley. A doley is also the word for a bike ride where you and your friends all go for a bike ride riding doleys
An old friendly man by himself in NYC running a store full of lottery tickets(aka free money)
Walking by the store on 18th St: I’m running low bro I only got $100 left.
Friend: (looks in the store) that’s a doley old goofy let’s hit him for all the 30’s then bend the block
And dying in yo' bed many years from now, would ya be willing ta trade all da days from dis here day ta dat fo' one chance, just one chance, ta come back here as young men an' tell our enemies dat dey may take our lives but dey will never take our freedom ... YUB NUB!