After tossing the road bike into the back of the SUV over the past year, I am looking to invest into a bike rack. I am preferring to get a hitch mounted rack. I prefer to not take the rack on and off all the time.
I am not too worried about how many bikes to carry.

90% of the time it's just me, 10% carpooling with another rider. Thus a 2 station rack will be more than fine.

However, I am looking for something that is convenient to use when the rack is on the back of the SUV while running errands (make way for the Costco run).

With all the brands and features out there, I am looking for feedback on how the bike is with the rack (movement, locking), how easy the rack is to live when not hauling bikes and how is it to put on and take off the car.

Any thoughts, suggestions and advice will be greatly appreciated.

The Yakima Double Down is pro.

It folds down to make way for your rear gate to open, you can get a lock for the hitch part of it so that it won't be stolen, and it is Yakima so good warranty and sturdy construction. I think they run around $209ish or so.

Bingo: http://freewheelbike.com/product/yakima ... 3754-1.htm

I sold a ton of those this summer and I never had one come back for any reason. They are functional and you can fold them up out of the way, or it is pretty easy to take off if you want.