"He's got tan shoes with pink shoelaces A polka dot tie and man oh man He's got tan shoes with pink shoelaces And a big Panama with a purple hat band!"
That's the chorus!
"Pink and purple" or "purple with yellow polka dots" used to be thee phrase for gauche.
"Two tone baby with the fluid drive!" That was also a phrase you could hear quite often when I was a kid. The hydrmatic transmission was a big deal back then.