acronym; Just Empty Every Pocket, used by offroaders driving vehicles of make similar to word originally manufactured by AMC or more recently by Daimler-Chrysler.
A fictional animal with magical powers, from the old Popeye cartoons. The one most commonly featured was named "Eugene, the Magical Jeep." Magical jeeps make a "jeep-jeep" sound.
Over-priced, over-hyped american produced junker that GM will never bother to re-engineer as they realize there will always be a confederacy of dunces willing to dole out the cash.
I cannot believe the radio was stolen out of my soft-top jeep wrangler again!
or
I can barely afford my 4-cynlinder jeep payments and my dues to the frat!