The KUAT NV bike rack.
Functionally it's absolutely one of the best engineered bike racks, there's a lot of utility in this rack.
The bike rack sits high and allows me to go offroad with no clanking. You don't have to remove the front tires on the bike and it's super easy to install and remove--if you whine about your golf clubs being heavy this rack isn't for you, it's about 25lbs.
Carries up to four (4) FAT bikes, I have my tri bike up here because it was the easiest, fastest and lightest bike to throw up. Each bike rack tray carries up to 40lbs. If you have a 40lb bike you're over 60 and odds are it's a Schwinn with a banana seat...and that's cool, just heavy.
The second photo shows the tailgate open, it cannot fully open on an 80 with the Kuat if you have 4x4 labs bumper--I put a towel down between the KUAT and tailgate.
The third photo shows how the NV folds up, locks in place and holds the bike with a goose neck bracket that allows you to work on your bike if you need to change a flat, adjust seat, clean, etc. I often put my bike up there and pretend I'm doing stuff...yeah, I have very few skills, but I look good.
The third photo shows a black dial below my pedal on the bike where I can tighten the hitch attachment chingadera to the hitch mount so there's no inner clanking or jiggle in the hitch.
The KUAT also has 1/4" thick bike rope that pulls out of each end of the rack where the tires sit and connects through the bike to prevent theft. It has it's own lock and key so no need to bring one.
What it doesn't do is serve you beer.
Zona