My father-in-law and I just towed a Legacy on a trailer for about six hours with a 1st-gen Explorer. Granted, it had a towing package, but it did fine. The trailer was a dolly-type which dragged the rear wheels. I know, I know, I know you're not supposed to drag an AWD Subaru, but I knew the transfer clutch was bad on the car anyway.
When we used the same Explorer to tow my SVX on a flatbed trailer, it was a slightly different story. I was following the truck and it looked pretty unstable going down the road.
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