That looks like the prior generation (2nd gen?) of the LR OEM tow hitch (part# KNB500080). The latest gen hitch (part# LR040248) is shorter and does not angle in under the car. This newer style allows for removing the spare tire without needing to remove the tow hitch (which shouldn't be a problem as long as you have the key).
Yes, it's the older hitch, I got it used for $200. The only thing I'll be towing though is my bike rack
