This article is from the The Terminator FAQ, by Karsten A. Loepelmann firstname.lastname@example.org with numerous contributions by others.
There are three songs. One is "Guitars, Cadillacs" written and performed by
Dwight Yoakam (played in the bar where the Terminator gets his clothes).
Another is "Bad to the Bone" written by George Thorogood, performed by George
Thorogood and the Destroyers (played when the Terminator walks out of the
bar). And finally, "You Could be Mine" written by Izzy Stradlin and W. Axl
Rose, performed by Guns 'n' Roses. The latter song was written especially for
T2; the former two were not.
"You Could Be Mine" appears on "Use Your Illusion II" (Geffen GEFD-24420).
"Bad To the Bone" lives on the album "Bad To The Bone" and also the
compilation "The George Thorogood Collection" (EMI CDP 7924152).