V, especially for New Yorkers, is already a familiar slang. This slang has evolved and expanded as it has become heavily used in the rap scene, especially by New York-based artists.
When you say V. you are just referring to a car or automobile. The term comes from the first letter of the word “vehicle.” It is very simple to use but here are some examples just in case:
“I crashed my V last night. The snow was too much.”
“I hope my first V is something elegant. I want to flex it to people.”