Stopped by my local Sam's Club Dallas,TX and noticed that they had the Allen Sports Premier hitch mounted 4 bike hitch mounted carrier on clearance for only $29.91.
As noted in the title YMMV.
Specs from the Sams Club webpage:
Hitch insert fits 2-in. receiver hitches
Quick set carry arms snap right into place and easily fold down when not in use
Dual compound tie-down cradles while quick secure straps secure bikes
Internal release mechanism allows rack to tilt-away allowing easy lift-gate access
Includes 6' x 12mm locking cable for added security when transporting bicycles.
Link for reference only as noted in the title B&M only: