Is such a low cargo carrying capacity possible?

Check the yellow sticker on the specific trailer as it will have its actual delivered weight with all options included. Subtract that number from the GVWR to get the real ccc. Numbers can vary greatly from brochure weights.

Just curious about what dealer you are looking at. We had a good experience with one in Ottawa. My father, the complete opposite at another. Four years of battling with them over all sorts of problems and shoddy work. Finally settled with a lawsuit.