Typhoon Damn....that's outrageous for carts, esp. when we get them here for $9. Like I said, the courses that know they will get a lot of walkers would do this. High greens fees, cheap carts.
Several years ago, at one course, the mgt. did not want to even bother with the leasing of carts. The course super asked if he got them, could he rent them out? Yes, was the answer so he did. He was there around 15 years and in that time pocketed every dollar of cart rentals. Of course, green fees were cheap, cart rentals high. When mgt. finally realized what they had done, they fired him. He took the carts, naturally, but migawd did he get rich from all those years of mgt. ignorance.