On a 5' X 8' Utility Trailer you would want a 60% / 40% axle weight distribution for optimum towing/tracking of trailer. A design of 96 total inches in length would produce a 54" length from the front of the trailer to axle center. Adding an additional 10 inches to the rear of the trailer would then produce a optimum 63" length from the front of the trailer. Extending this trailer by 10 inches would fall into a safe range as long as you take into consideration the weight distribution of the load.
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