It's important to know what's going to be pulling it before you build and to design with that in mind - Still, with small cars you can easily be surprised when you get it done
I have a Mazda Protege 5 with the 2.0 engine in it and I've been pulling all sorts of trailers with it ever since we bought it 5 years ago. I've pulled flatbed trailers with machinery or motorcycles on them up to about a gross 1500 pounds and had very good results with surprisingly decent gas mileage
When it became evident that I was going to be pulling my classic CBX across the country a couple times per year, I really wanted an enclosed trailer for the job . . . . and I knew it needed to be kept as small as possible because windage has a much greater effect on my mileage than gross weight does
I bought a HF 1740 trailer and chopped it to 6 feet in length and then added a 2 foot Vee nose to it. Only 4 feet wide, 8 feet long (including the nose) and only 5 feet high from the trailer deck. I mounted the axle upside down to keep it as low to the ground as possible and the trailer weighed in right at 700 pounds when I was done
Since I've towed twice that weight across the country before with pretty good mileage, I was really shocked when I towed the empty trailer about 900 miles to go pick up the bike - The windage is absolutely terrible . . . . even with the Vee nose. I got about 4 or 5 mpg less towing this 700 pound trailer than I've got towing twice the weight on a flatbed trailer . . . . and the faster I go the worse it gets. slowing to 60 mph gets me about 2 mpg better, but it's still TERRIBLE . . . . and it'a all due to the windage. Only about the top 18 inches of the Vee nose sticks up above the roof of the little station wagon, but it's enough to really cause extra drag. The only 'good news' was that the mileage didn't hardly change at all on the return trip, despite the fact that the trailer was 600 pounds heavier (1300 total) with the bike in it . . . . and the guys with the pickup trucks said I should quit bitching about my 22 mpg, since they were all getting about half that
So . . . . if you have a small car and you are designing a teardrop to pull behind it, try to keep the top of the trailer about as high as the top of the car, if at all possible and round or Vee everything you can - Especially if you have a 4 cylinder car and you're concerned about mileage
Don