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On my '04 Heritage, the brochure states that the payload is 2,000 lbs. I thought my truck was considered a 1/2 ton truck. Does payload mean I can put a ton of stuff in the bed?
You also have to take into account things like total weight ratings and how much you, your passangers, all the fluids weigh. Deducting these things from your GVWR will give you the realistic payload.
I have the 7700 F150... in some cases the factory payload rating is more than the F250 Superduty. Case in point, direct from the Ford Commercial Truck Brochure 2002:
7700lb GVWR F150 Regular Cab Styleside 4X2 139" WB Max Payload - 3150lbs
8800lb GVWR F250 Regular Cab Styleside 4X2 139" WB max Payload - 2930lbs
Doesn't make sense... but that's how the business goes.
Greg, look at the max gross vehicle weight on the sticker inside the door. Subtract your curb weight from that, and there's your payload. Yes, with some payload packages the F150 can carry quite a bit, but this depends widely on payload package.
Kerry's 7700 can carry over 3000 lbs, but my '03 with the 5900 lb package can only carry 1500, and both are considered half tons. I've carried a 2000 lb load twice without any problems, but generally it's a bad idea to go over your gross vehicle weight.
My 150 is rated for 1500lbs, and its entirely stock 6800lbs gvw. The names really don't mean anything anymore... half tons can handle a ton, some one tons can handle three tons (2005 F350).