Bolt on tow package????

I figured I'd ask this in the foamie section even though anyone could answer it..."foamlings" tend to tow a lot less weight, right?
When I bought my....cough, cough...."new" vehicle a few months ago, I never thought I'd be towing anything behind it so I didn't even look or care. But now I do. The dealer can install a tow package for...eep....$600. A local trailer place for $400. (both Class 1 packages I believe) OR I can purchase a bolt on one at O'Reilly's for $200. And that's even for the Class 2 which is good for up to 3500 lbs which is overkill. I'm sure I could find a Class 1 setup for even less.
Anyone use these bolt ons? Any recommendations? I'm fairly handy with a wrench but by no means a mechanic. And if I have to put this thing up on a hydraulic lift I'm screwed. How difficult are they to install? I'm not AS concerned since it will be towing a foamie but I'd love some input.
When I bought my....cough, cough...."new" vehicle a few months ago, I never thought I'd be towing anything behind it so I didn't even look or care. But now I do. The dealer can install a tow package for...eep....$600. A local trailer place for $400. (both Class 1 packages I believe) OR I can purchase a bolt on one at O'Reilly's for $200. And that's even for the Class 2 which is good for up to 3500 lbs which is overkill. I'm sure I could find a Class 1 setup for even less.
Anyone use these bolt ons? Any recommendations? I'm fairly handy with a wrench but by no means a mechanic. And if I have to put this thing up on a hydraulic lift I'm screwed. How difficult are they to install? I'm not AS concerned since it will be towing a foamie but I'd love some input.