The op stated he has no need to use it for any heavy towing. Just a bike rack and carrier maybe. They should be able to find a 2" adapter that would work or items made for 1 1/4". No need spending twice the money for something not needed. But the OP can make up their own mind on this.Cost is negligible for the products quality and lifespan, and the purpose is to be able to use it when you want for whatever you want.