If you don't already have a hitch installed, a class 1 hitch will run you about $130. The bike rack I purchased was the Kuat Sherpa ~ $400. I've been very pleased with it. Not cheap, but very good quality, reliable and breeze to get the bike on and off. I wanted a rack that kept the restraints off the top tube. You might be able to shop for better pricing. Read the reviews. The 1UpUSA is probably the nicest and highest rated rack, but didn't want to spend another $100. I've seen it and its very nice quality. You'll figure it out.