I had the Swagman rack (twice) that Jeff and the other poster mentioned. Mine was sold by another manufacturer and I bought it thru Performance but it’s the same rack. I never had a single problem with the rack. I will admit that I wasn’t toting around $15K in bikes in the past though.
I would rather spend a little more to get something I know is going to be rock solid and dependable, as well as easy to fix or replace parts should something happen.
I use a Kuat Transfer 2. It can be had for right around 240 or less if you shop around hard enough. It looks great on every car or SUV, and the company is wonderful to work with on the customer service front.
I have the Swagman Sitkka 2 – paid $269 and love it so far. Seems solid and holds two bikes. Folds up or leans down for better truck / hatch access. I did a YouTube video review of it if you’re interested. They have the rack at Etrailer, Carid or drawtite hitches…not bad at all.