The BMW one in the first post is not 'automatic' or 'electric' as per this YT video:
BMW X5 automatic trailer hitch - YouTube
The new BMW hitch receiver can be removed, but that is a manual process.
Makes the $1900 all the more silly.
ps, if you lease, it's important to know that the dealer installs this (not factory). As a result, the hitch's full value is not subject to the same residual value as the vehicle. My dealer said that on a 36 month lease, after paying $1900 to install their hitch, BMW gives you back $200 at lease end.
After 5 BMW's, the hitch nonsense and the incessantly squealing brakes (in cold weather) has me considering other brands for my daily driver