Originally Posted by jaminb
Not true. His payload amount must take into account tongue weight of the trailer.
Originally Posted by Ross
I beleve you will also need a sway bar and equalizer hitch. Do a search this came up not too long ago.
These are both right.
A max Payload of 1130 lbs is the weight being carried by your Overland (People, Cargo, gear, tongue weight, etc...). It's anything that's been added to the vehicle.
A max trailer rating of 7400 lbs means that you can pull a trailer with that much weight (including the trailer itself and anything you put in it) with the correct equipment (usually includes trailer brakes, WDH hitch, sway control, etc...). All of that 7400 lbs can be pulled, stopped, and controlled by your vehicle, but only a small fraction is actually carried by your vehicle (ie. tongue weight).
Hope that helps explain the difference between Max Payload / Cargo capacity, and Max Trailer / Towing capacity.