Toyota just launched a new iPhone app that lets users position computer-generated renderings of the upcoming FT-86 sports car against real-world backdrops and then share them with other users. Judging from the video Toyota released to promote the app, Instagram shouldn't feel threatened; the renderings aren't exactly stellar, and the novelty of positioning a CGI FT-86 on your iPhone screen is likely to wear off quickly. Fortunately, the app is free. Just remember, kids, you get what you pay for.

Hit the jump for a look at the aforementioned promo video.

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