I had the top off the GT3 like toupees

from Odd Future (Ft. Domo Genesis, Earl Sweatshirt, Frank Ocean, Hodgy Beats, Jasper Dolphin, Left Brain, Mike G, Taco & Tyler The Creator) – Oldie Lyrics on Rap Genius

Meaning

A GT3 is a Porsche which has a convertible top. A toupee is a fake hairpiece used to cover a bald head, or “top”. .

Note the clever number wordplay: GT3, two/tou-pees, one finger in the air

Technically, a GT3 does not have a convertible top, so Mike either had the money to get it chopped…or he’s just BS'ing.

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