What is Pimp Sled?
1.
The method of transportation for a pimp. Generally a Cadillac or other large automobile with rims 20 inches in diameter or larger, brightly colored metal flake paint, plenty of fur, curb feelers, those mexican dingle balls, and often "3 Wheel Motion".
Damn, check out that pimp sled. Where? Over there, on the corner, by those hos.
2.
car or automobile suitable for showing off.
Yo dog, come check out my new pimp sled. Allllll da bitches wanna ride in it.