 I just traded in my '04 F-150. Overall it was a great truck -- plenty of power, tons of room. But I encountered two issues that came with the first year of the new design -- tires wore excessively and rear parking brake stuck and caused a vibration. The dealer replaced the tires the first time but refused the second time. The dealer initially refused to fix the brake -- and then Ford "shared" the expense with me after I repeatedly complained (the dealer did not share in the cost). Overall, it was a good owning experience. Very big to park in shopping centers and poor gas mileage, but I knew that going in. Pulled our camper and hauled lots of stuff, in a comfortable and fun package.