 This is our first ford and we bought it 
new.  In its first two years, the AC 
system broke down five times 
(compressor was replaced twice, 
expansion valve replaced four times, 
electrical switch replaced, flapper 
door repaired), the transmission had to 
be rebuilt, a door latch broke, the 
connection between the steering column 
and the steering box needed replacement 
twice, one front seatbelt replaced, a 
horrendous grinding noise at start-up 
from the AC compressor from day one to 
this day (the dealer showed us a Ford 
service bulletin that says such a noise 
is normal).  Other than that, the truck 
has been trouble free.