Abstract: A multifarious cargo carrier system for mounting on the rear of a vehicles having hitch receivers, step bumper hitches, custom hitches, or other means of attachment. The carrier system includes a base member having one end connectable within a hitch receiver and the other end attachable to a step bumper hitch or custom hitch. A tightening pin is used to tightly secure the base within a hitch receiver. Tightening pins are also used to connect the proximal end of a support arm to either end of the base and to attach the carrier assembly to the distal end of the support arm. The use of tightening pins allows the base to be folded up against the support arm and the carrier assembly to be folded down against the support arm for shipping and storage, as well as permitting access to the rear of the vehicle by pivoting the support arm down and and away from the vehicle.