I prefer the version I learned, Joe, because its lyrics are less repetitive and because of the reference to the Model T.
But as "folk" songs are wont to do, this parody has probably seen many various incarnations.

: )

Here's another LMCYS parody that I either made up or remembered (or some combination thereof):

You can't call me sweetheart, 'cause I'm mad at you
Since I found you smooching with my best friend, Lou.
You deserve a shiner in those eyes of blue,
Don't you call me sweetheart, 'cause I'm mad at you.