"the hitch on the VX is tucked too far under the rear end, so not enough room to fold it up."

I've seen extenders on cars. I don't know if they bought them or had them custom made. Should be pretty simple though. 2 pieces of square tubing (1 to match the ID of the receiver and 1 to match the OD of the mating part). 4 holes, 2 bolts & an extra receiver pin - yer done.