She was born in '32, and was she ever pretty
 She rode a freight train west, all the way from Detroit city
 Betsy's seen more places than I'll ever hope to see
 Betsy's been more loyal than any friend could be

 With some she traveled fast, with others it was slow
 Betsy's seen them all, she'd seen them come and go
 She must have had some others before I finally met her
 And now that she's all mine, they'd better just forget her
 Betsy was a lady and that she will remain
 Betsy took some beatings but she never once complained

 She had a classic beauty that everyone could see
 I was the last to meet her, but she gave her life to me
 She may be rusted iron, but to me she's solid gold
 And I just can't hold the tears back
 'Cause Betsy's growing old