Old: adjective. No longer in general use.
School: noun. Any group of persons having common attitudes or beliefs.
Olde Skool: A following of VW owners who say a VW can never be too low, too loud or too old. Volkswagens proudly displaying their old school heritage of roof racks, Coke coolers, Thermadors, and EMPI rims. Olde Skool Volkswagens. Pre-67 vintage aircooled VWs.