Absolutely stellar. This was the first vehicle I have ever purchased new and it did not disappoint. I owned it for 3 years, only needed a tensioner replaced. Runs perfect and shows no sign of stopping. People knock the Ranger for its 'outdated style' but I could not disagree more, I believe it has the look of a real pickup with the most important 'modern improvements' (i.e. engine, transmission, interior, electronics etc.). In fact I am trading mine in for a new 2005 Ranger soon.
Pretty much everything.
Suspension in the 4x2 rides real rough, engine power on the 3.0L V6. The seats stink for long drives (3+ hours).