Hey guys, thanks for the quick responses. Although I’m not crazy about installing a hitch that would require the cladding to be cut or modded, I may end up going with Tone's kit after all.
I'm not really concerned with the towing capacity. I'm only towing a 384 lb Sports bike. But the rack that I have for the bike is a Class III and is only 74 lbs. Total towing capacity will be less than 500.