The phrase references a specific make, model, and year of automobile being offered for purchase. It denotes a used vehicle, a 1976 Toyota Corolla, currently available on the market to prospective buyers. The key elements are the year of manufacture (1976), the manufacturer and model (Toyota Corolla), and the vehicle’s status as being available for acquisition.
The relevance of a listing like this lies in the car’s classic status, potential for restoration, and affordability compared to newer vehicles. Interest often stems from collectors, enthusiasts of vintage automobiles, or individuals seeking basic, reliable transportation. Historically, the Toyota Corolla gained a reputation for fuel efficiency and dependability, traits which may still attract buyers.