I bought my truck with 40k miles on it in 2002 and it is still running like a champ.
I replaced the transmission after 150k miles, but that is the only major issue I've had with it.
I'm now at 235k miles on my truck and am having a hard time finding a new vehicle because I don't think I will ever get this type of value again.
Mileage is between 15.5 and 18 mph, depending on how I drive.
I have the 5.2L V8 (318) and couldn't be happier.
Change the oil, tires, and other basic maintenance and you'll have no issues.
Also, I've found through test-driving countless newer vehicles (cars and trucks), that most do not have as smooth of a ride as my truck does.
Owned my pickup since 2009. Overall pleased, enough to keep it anyway. It will go a few years without needing any major repairs, and then several things will need work in short order. I've replaced fuel pump, exhaust system, distributor cap and associated parts, window wash pump, and brakes twice. So not bad, but then I have a load of small problems: check engine light's been on since 2010 (I was told it's due to a minor transmission issue that might cost a lot to fix with minor payoff), the ABS and emergency brake lights come on when I take a highway ramp (but no effect on driving or braking), the ceiling lining started to come loose two years ago, rust is bubbling the paint over the left rear wheel well (seems to be common for this model year), and most annoying of all, the springs supporting the driver's seat broke loose of their moorings which causes the seat to sag and the metal frame parts to poke me uncomfortably. And there doesn't seem to be an easy way to repair the seat and it's attached to the passenger seat & center console which will make replacement a major hassle.
On the other hand, I think it handles great, the brakes do not disappoint, the engine is fairly quiet and smooth, and I've driven it on several road-trips from 3,000 to 5,000 miles at a time without complaint. It has a light rear end, which can be a danger in rain or snow. I've found that tires with good traction will overcome handling problems in the rain, but if you live where it snows much, I would recommend 4WD. Basically, if you need a no-frills reliable vehicle and don't mind minor problems that crop up but won't interfere with driving function, you will likely find this truck to be acceptable.
I bought this truck in 1998 with 14,000 miles on it. It now has 234,888 with the same engine and transmission. I took care of the truck by having the oil and transmissions fuel changed. This was the life of the truck. It has never left me on the road nor given me any problems.
Trucks look great, but lack performance and reliability. Bought the truck 1 1/2 years ago with only 48,000 miles on it, today I have around 66,000 and have had to replace the transmission twice, the radiator, brakes, ball joints, heat. I bought the truck with high expectations and have been nothing but let down ever since the day I drove it off the lot.
I bought this truck brand new, ordered just the way I wanted. V6 , 5 speed manual tranny, sport edition 2wd. I bought it to haul firewood and it has hauled anything you can imagine. It now has over 120000 miles and the only major problem was replacing the tranny in the spring of '95. That has been my only complaint is shifting from 1st to 2nd is very clunky. It gets reasonable mileage of 22mpg on the highway and 18mpg in town. This truck will be in my possession until I die, a very worthwhile investment in my book.