Brand new in the box NOS/overstock Inno INH 540 hitch mounted hanging bike rack. Fits 4 bikes and unlike comparable thule products you do not need a frame adapter for kids or ladies bikes (each themselfs over $50 a peice). Retail price is $500 asking only $200. Founded in 1966 by takaaki murata, the inventor of the car seat headrest, car mate is one of the largest manufacturers of automotive accessories in Japan. The company's car rack division was launched in 1976. Today in no has almost a 60% share of the Japanese car rack market, with our own manufacturing facilities in Japan, China and facilities in the USA. Features & details New hanging design makes it possible to carry up to four dual suspension bikes Only one arm goes into frame, instead of two, making it easier to fit complicated suspension designs Fits 1 1/4" and 2" receivers Lever for fold down arms Pedal for tilt down post for trunk access