Yes, the Curt 2" inch is a great hitch even if you are towing a boat. The only other thing you'd need to tow a trailer would be a light hookup but you won't need that for the bike rack. With that said, full disclosure, I don't have a curt on my F=Pace. I've had two Stealth/INvisiHItch setups on my faces since I didn't want to see the 2" receiver back there when I wasn't using it. I'm thrilled with the setup and it works great using my bike rack or towing my boat. With that said, it's a bit more expensive but the install is pretty much the same as the curt. It would be around 700 with only the 2" receiver and no light kit. About twice the curt, and the install would probably be the same. You won't see a receiver back there until you install it to pull the bike rack. Works great and IMHO it's worth the extra money if you are concerned about seeing a 2" receiver back there when you aren't using the car to tow. If that doesn't bother you, the Curt is a great option at a solid price.