More than capable of pulling a boat or trailer...It should tow about 6,900 - 7,100 lbs. Depending on if it's a long bed or not (long beds tow less). As far as gas mileage, my buddy gets about 18 on the highway and 14 city...
You can find the towing capacity for 1999 - 2008 vehicles at
http://www.trailerlife.com
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