Not sure if anyone is still in the market for one of these hitch trailer carriers - but I happened to notice on the Grizzly tools site today that they have a model on clearance. It's only $39.95, 500lb capacity - class 3 hitch, and it has a hinged tongue which allows it to fold upward to reduce vehicle length when not in use.
Shop our H6165 - Cargo Carrier 500 lb. at Grizzly.com