Baby - Cute girl, term of address for either sex
Back seat bingo - Necking in a car
Bad news - Depressing person
Bash - Great party
Bit - An act
Blast - "That party was a real blast." - A good time
Boss - Great
Bread - Money
Bug - "You bug me" - to bother someone
Burn rubber - To accelerate hard and fast (hot-rodders)
Cat - A hip person (Beats)
Cherry - Originally, an unaltered car. Later, anything attractive (hot-rodders, originally)
Classy chassis - Great body
Cloud 9 - Really happy
Clyde - Term of address, usually for a normal person (Beats)
Cook, cookin' - Doing it well
Cool - Indefinable quality that makes something or someone extraordinary
Cool it - Relax, settle down
Crazy - Implies an especially good thing - "Like crazy, man"
Cream - Originally, to dent a car. Later, to badly damage (hot-rodders, originally)
Cruisin' for a bruisin' - Looking for trouble
Daddy-O - Term of address (beatnick)
Dibs - A claim - as in "got dibs" on that seat
Dig - To understand; to approve
Drag - (greaser) A short car race; (beatnick) A bore
Eyeball - Look around
Fast - Someone who was sexually active
Fire Up - Start your engine (greaser)
Flat out - Fast as you can
Flick - A movie
Flip - To get excited - "He's gonna flip when he hears the news."
Floor it - Push the accelerator to the floor (greaser)
Get Bent! - Disparaging remark as in "drop dead"
Get with it - Understand
Gig - Work, job (beatnick)
Go ape - Get very excited
Goof - Someone who makes mistakes
Goose it - Accelerate the car fully (greaser)
Greaser - A guy with tons of grease in his hair, which later came to describe an entire group of people. Yes, John Travolta in Grease.
Grody - Sloppy, messy or dirty
Hang - As in "hang out" which means to do very little
Haul ass - Drive very fast (hot-rodders)
Heat - Police (beatnick)
Hep - With it, cool. Someone who knows the situation.
Hip - Someone who is cool, in the know. Very good.
Horn - Telephone
Kick - A fun or good thing; Also, a fad
Kill - To really impress
Knuckle sandwich - A fist in the face
Kookie - Nuts, in the nicest possible way
Later, also later, gator - Goodbye. See ya later, alligator. Response: after while crocodile.
Lay a patch - To accelerate so rapidly that you leave a patch of rubber on the road.
Lay on - To give (beatnick)
Made in the shade - Success guaranteed
Make out - A kissing session
Make the scene - To attend an event or activity
Meanwhile, back at the ranch - From TV Westerns. Usually used to get a storyteller back on track.
Most - A in "the most" - high praise usually of the opposite sex
Nerd - Same as now. Bill Gates without the money.
Nod - Drift off to sleep
No sweat - No problem
Nowhere - Opposite of cool. Nowheresville was a boring, bad place to be. (beatnick)
Odd ball - Someone a bit off the norm
Off the line - Start of a drag race (greaser)
Pad - Home
Party pooper - No fun at all
Peepers - Glasses
Pound - Beat up
Punch it - Step on the gas (greaser)
Put down - To say bad things about someone
Rag Top - A convertible car
Real gone - Very much in love. Also unstable. Hmm, there's a difference?
Righto - Okay
Rock - A diamond
Rocket - A car (greaser)
Rod - A car (greaser)
Royal shaft - Badly or unfairly treated
Scream - Go fast
Screamer - A hot rod
Shot down - Failed
Sides - Vinyl records
Sing - To tattle or inform on someone (beatnick)
Sounds - Music
Souped up - A car modified to go fast
Spaz - Someone who is uncoordinated. A clutz.
Split - Leave
Square - A regular, normal person. A conformist.
Stacked - A woman with large er, ah...you know, well endowed.
That's close - Something wrong or not true
Think Fast - Usually said right before someone threw something at you
Threads - Clothes
Tight - Good friends
Total - To completely destroy, most often in reference to a car
Unreal - Exceptional
Wet rag - Someone who's just no fun
What's buzzin, cuzzin - What's new?
What's you tale, nightingale - What's the story?
Wheelie - Left the car's front wheels off the ground by rapid acceleration