I know there are 2 aftermarket tow hitches. The curt slides in the bottom of bumper; the other brand you actually remove a piece under the bumper because of how high up it sits. I'd imagine that's the one that blocks that hole.....?After taking another look, the frame for the receiver is right behind that cover. (Shown by arrows in pic). It looks like if you have the tow package, that threaded hole won’t be there for the tow hook. Anyone without tow package not have the hole?
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