I'd be leery of putting much of a car on that. The GVWR will likely be 3500#- meaning that the axle can haul 3500#,
including the weight of the trailer. The trailer will weigh close to 1000#, leaving about 2500# of payload. Most cars will weigh more than that.
Below is a picture of our trailer. It's a 1992 Lamar, and is rated for 5000# GVW. I wouldn't want to go any smaller. We've towed that trailer over 100k miles (Yes, one hundred thousand miles). We've hauled hay, straw, farm equipment, and made six trips from Illinois to Wyoming with it. It's been the best trailer that we've owned. Dual axles (Twin screw) tow nicer, can carry more weight, and will be on all car haulers. Even though I'd like a larger trailer, I know that our Lamar will haul a Chrysler New Yorker (Full size car). We've also had some pretty large farm equipment on it. The rails can be nice, but I'd rather have side pockets. I can make my own sides with some 2x4s, but I can't remove the metal sides. They always get in the way for me.
Check the GVWR of the trailer- I wouldn't go any less than 5000#. Don't be afraid on a used trailer- as long as the frame and axles are good, they can be re-decked if need be. I'll be redoing the deck on ours in a little while.
For serious car hauling, I'd go with this one:
Wide World RV Center, Inc. | Trailers | 2015 SURETRAC ST8216TAT-B-070 If you shop around, I bet you can find a cheaper option. Out here, a used 16' car hauler is worth about $1500-2000.
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