That's too much weight for your 150. 770 lb. hitch weight, empty, needs more like a one ton than a half ton. Trailer is way too heavy- my car trailer is about 2,000, has 2 axles at 3500 lb. apiece, so can haul about 5,000 lb. payload- that's more like what you need, with the truck you have. I've hauled up to 6,500 lb payload (with an F350) without incident, but didn't want any more than that.
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