L's a clever threat, a lyricist who never sweat
Comparing yourself to me is like a Benz to a Chevrolette

from Big L – M.V.P. Lyrics on Rap Genius

In battling, L was always the clever kid who destroyed people and never felt pressure because of his confidence (He won his first battle tournament at the age of twelve at The Apollo Theater).

And Mercedes are WAY better than Chevy’s, so in other words, L is better than you

Note L’s famous usage of Double Syllable rhyme scheme:

L’s a clever threat, a lyricist who never sweat
Comparing yourself to me is like a Benz to a Chevrolette

Clever/Never, then L breaks up Chevrolette (mispronunciation of Chevrolet for rhyme) as Chevro and lette, so you end up with:

Clever/Never/Chevro
and
Threat/Sweat/Lette

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