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I actually saw somebody towing a bike trailer like that with a Mazda Miata today on the interstate as I crossed into Iowa last night! It was bouncing all over the place and the plastic or mesh covering was deforming badly. I imagine the trailer did not survive the rest of the trip, but the driver exited onto I29 North while I frantically tried to get as many lanes away from them as possible.
Anywhoo...back on topic a bit. I wouldn't pay $50 for one unless I desperately needed on RIGHT NOW. I see them pretty regularly on yard/rummage sales for less than half what he is asking. I also imagine you could build a better/stronger (possibly lighter) unit for $50 that would be the exact dimensions that you needed. Plus you could make it waterproof, something that is handy because it always seems to rain when I get my bike out.
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