This is a Graber three bike receiver hitch style bike rack. New these name brand bike racks sell from $125.00 on up to over $250.00. This is a well-known brand in the bike rack business. Very sturdy and can be folded up when not transporting bikes on it and is capable of being folded down out of the way if you need access to the back of your truck or SUV. Vehicle has to have a receiver hitch in order to use this rack.