I just picked up a new Yakima Holdup 1.25" hitch rack but very unfortunately I didn't like how my trail bike fit in it. My trail bike has a long wheel base, 2.6" tires and very wide bars. Road bikes, CX bikes, BMX bikes and cross country mountain bikes work totally fine in this rack.
I'm selling it for $380. It's a $430 rack so with tax it would be about $460. I've already assembled it so it's ready to go. Here are some photos and more info in the Craigslist ad:
Clint