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It depends on your rear end gearing and transmission. It also depends on whether you have a towing package.
Even under ideal circumstances, 7000 lbs is at the upper limit for a half ton truck. If you plan to regularly tow that much weight, you'd be best off getting a bigger truck.
Lets not hi-jack the man's thread here....back to towing please..I don't suggest that much weight. I tow a 2000-2500lbs snowmobile trailer as well as a 4000lb boat...with a bunch of gear and tools and its quite a bit of weight for the truck to carry. If you're going to be towing that often I highly suggest an F-350. If once in awhile..an F-250 will do well.
I have a '94 F150 with a 5.0 and AODE automatic transmission, with factory tow package, and 355.1 gears, my manual and dealer brochure say 6800lbs max trailer weight, so my suggestion would be IF, and I repeat IF you have a class 3 or 4 hitch on your truck and you are going to only tow 7000lbs and YOU have the tow package as well you should be OK for a time or two, but not on a regular baises, I would never expect MY F150 to pull 6800lbs on a regular baises.
Its always better to have too much truck than not enough!
MustangGT221 and supercab Thanks for useful info. I just purchased the truck. It has towing package. Previous owner claims he has hauled a 6600lbs boat twice a year in the past. Tranny is the original. He says he has not seen any effect on the engine after hauling the boat. But just in case I want to show it to a Ford dealer. Do you think they will be able to discover any possible problems, if any?
I'm sure the truck is fine , 6600 lbs wont hurt a Ford truck . I pull more weight then that several times a year with no problems at all with my 5.0 EFI engine and 3.73's in the back.
I went from 3;08 to 3;55 and mine is a 5 spd and i tow my car to the track and it does great .but i also have 5.0 ho not just a 5.0 i put it in my self