The 500 dollar Honda, also known as the "Stinking Nugget" in "Bruce the ute, is dead." or King of the Nuggets aka Dennis, is a white 1984 Honda City Wade owned for a long time.
500 dollar Honda beside the eNugg.
Around 2011-2012, Wade rescued this Honda from a barn for 500 dollars and since then, he has always been driving it, although in "Bruce the ute, is dead.", he said he needs to stop driving it, because if he keeps doing it, he'll damage the Honda.
Wade owns another Honda, presumably a City as well, which is used to store stuff in and pull parts out of.
From what Wade told in that same video, the 500 dollar Honda has an air conditioner and no rear seats, which technically makes it a small van. It also has a worn out driver seat and a worn out driver side armrest. Also in that video, Wade called Bruce "a reliable fuel-injected thing", which leads to the fact that the 500 dollar Honda is presumably carbureted.