New Santa Fe owner here. Just picked up a 2022 SEL two weeks ago and I am enjoying it.
I had installed a Curt model on my previous vehicle (2018 Kia Sportage) and it worked out extremely well with a simple install and high-quality hitch made for the vehicle. I too only use it for my bicycle rack (2" receiver). I had purchased that from etrailer.com for $133 so I headed back expecting a similar price, but understanding there would likely be a price increase with all the supply chain issues as well as a bit more materials due to the design required. I was hoping to see a price like $150 - $175, but really wasn't sure what to expect.
I was a bit shocked when the price offered was $336! I contacted them to see if they could do anything for a repeat customer, knowing I wasn't a frequent buyer. Their reply was no.
Searching around I finally found the same Curt hitch at carid.com for $197 shipped (
CURT® 13473 - Class 3 Trailer Hitch with 2" Receiver Opening (carid.com) ). Arrived within five days and was an easy purchase.
Thought I would post my success in case it helps anyone else out.