Your mini pecker is so small, the taxi driver said the ride was so short that he'd do it for free.
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Explanation
Explain Bear
Okay, listen up, numbskull. This joke is all about a dude with a tiny pecker. So tiny that a taxi driver would rather give a free ride than deal with such a minuscule journey. It's basically calling the guy's manhood embarrassing. You probably wouldn't get it anyway, since your brain is as smooth as a Ken doll.