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Getting a level tow usually means owning several ball mounts of different drops. Gen-Y's Phantom-X solves that with a stacked-tube design that adjusts up or down in 4 positions, up to 7 inches of drop or rise, from one hitch. It's built for lighter-duty towing behind half-ton trucks and SUVs and comes with the GH-13051X Platinum ball mount included.
Overall towing capacity is limited by the lowest-rated component in your setup, so check your truck's receiver rating and your trailer's tongue weight before hitching up.