In this paper, a low-cost radio-on-fiber (ROF) system for a 36 GHz band road-vehicle communication system (RVCS) is proposed and demonstrated. Optical components for 10 Gb/s baseband transmission systems, which are becoming lower in cost, are used for the proposed system. The signal is transmitted in the optical link in the form of an intermediate frequency (IF) signal of the 5.8 GHz band. The third subharmonic of a local oscillator wave (LO) is transmitted simultaneously with the IF signal from the central station to the remote stations (RSs). This scheme enables the realization of RSs without costly millimeter-wave synthesizers. In such a configuration, the influence of intermodulation distortion between the IF signal and the LO subharmonic and degradation of the carrier-to-noise ratio (CNR) could possibly be a problem, and so an analysis and experiments were carried. It was clarified that the compression of dynamic range caused by the simultaneous transmission was small. Frequency tripling of the LO degraded the CNR of the LO; however, this effect was compensated for by increasing the optical modulation index (OMI) of the LO subharmonic. Increasing the OMI of the LO subharmonic proved to have no influence on the IM3 characteristics of the RF signal analytically and experimentally. The proposed low-cost system proved to have sufficient characteristics for millimeter-wave RVCS.