Towing with a swb?

[ItsNotABlazer]

I was curious as to how these trucks (mines a 64 and is apart at the time) do as far as towing bumper pull type trailers. I was trying to decide whether I can make this 64 into the truck i need to pull a car hauler or utility trailer and tractor or if I should look into buying something new. I hate to spend $30k plus when I can put the money into slowly building this truck into something that can do the same thing and still have the class an older vehicle has. Any input on towing experiences would be helpful. And its not like I would be towing a trailer that often just want to make sure it would handle it ok when I did do it.

Thanks