Green’s Dictionary of Slang

1. (also lowlow) a lowrider automobile.

1994		Lil’ ½ Dead ‘Eastside, Westside’ 🎵 Here comes the homies in the lo-lo.
1999		Dr Dre ‘Still D.R.E.’ 🎵 Hit them corners in them lolos, girl.
2000		Ebonics Primer at www.dolemite.com 🌐 lo-lo Definition: a lowrider Example: Peep my lo-lo, that shit be bumpin.
2010		Mellowhype ‘Gunsounds’ 🎵 Sixty fo’ lo-lo, full of hoes gettin cock.

2. a member of a gang.

2000

in W. Shaw Westsiders 373: From Crenshaw to Foothill Boulevard / All I see is lolos in mob cars.