Ridin' something candy coated, crawling like a caterpillar
I'm tipping on them fours

from Kanye West (Ft. GLC & Paul Wall) – Drive Slow Lyrics on Rap Genius

Meaning

It means he’s riding in something with a crazy paint job. and the car is a low rider so it crawls and the hydrolics make it tip and jump around.

Note the Alliteration he uses: “candy coated, crawlin' like a caterpillar”

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