I've just put a brand new CD player in my [bad word] 
'Cos the [bad word] they play on the radio today all sucks
Well, you can tag along if you want to
But when you fly with me, you've gotta follow [bad word] 
My [bad word] stereo is mine and you don't touch

 [bad word] 
I'm all gased up and I'm ready to go
Fifty dollar [bad word]  hundred dollar radio 
If you ride with me, just one thing you need to know:
All I'll listen to is Waylon (наверняка, имелся в виду Вэйлон Дженнингс) and David Allan Coe.
No hip-hop [bad word]  just a [bad word] rock-n-roll
So don't rat [bad word] my stereo

That ol' [bad word] tonk sound is the way it's supposed to be
And now they got all my favourite ol' records out on CD
Well, I took my money down to the mall
I broke bad and I bought 'em all
 to take a mean [bad word]  to take them away from me (эту строчку тоже очень плохо понял)

 [bad word] 
I'm all gased up and I'm ready to go
Fifty dollar [bad word]  hundred dollar radio 
If you ride with me, just one thing you need to know:
All I'll listen to is Waylon and David Allan Coe.
No hip-hop [bad word]  just a [bad word] rock-n-roll
So don't rat [bad word] my stereo

Well, today's radio DJs may as well all quit
they let... see off rap (??)
And their [bad word] out of top-40 hit
And this modern pop-country ain't country at all
I'll bet you wanna be cowboy, pretty boy pussies born without balls (??)
It all sounds the same to me to me it sounds like [bad word] 

 [bad word] 
I'm all gased up and I'm ready to go
Fifty dollar [bad word]  hundred dollar radio 
If you ride with me, just one thing you need to know:
All I'll listen to is Waylon and David Allan Coe.
No hip-hop [bad word]  just a [bad word] rock-n-roll
So don't rat [bad word] my stereo