I'm assuming you meant a 1/2 ton, not a 1/4 ton, correct? Typo? Everything else is right on the money.
To the OP,
Another thing to consider is how many miles you're going to be hauling and on what kind of terrain. When I was hauling long distances every weekend and shorter ones during the week, I had a 3/4 ton and wouldn't have considered doing anything smaller. Now, I haul short distances once or twice a month with a 2h bp, so a beefed up 1/2 ton V8 works just fine.
A wise man once told me it's no how much weight a truck can pull, it's how much weight a truck can stop.
Yes I did mean 1/2 ton thanks for catching that