Like the penismobile.  An expensive sportscar, often a convertible, bought by middle-aged businessmen going through their midlife crises and want to feel young again, completely unaware that they look like morons.
Never drive a convertible if you are graying or balding, or it is automatically a midlifecrisismobile.
by junkyard prince October 14, 2003
Get the midlifecrisismobilemug.