Re: just bought f150
your gettin up there in miles but yes it is a very good engine and truck.
with those miles on it i would start from one end and work my way to the other end and do a complete and thorough check up on it if you plan on keeping it and making it work on the weekends.
i would start with the engine and change all fluids and filters and even do a leakdown or compression test on it to see what condition the motor is really in.
it might even need new injectors with that kind of milage.
if its an auto trans i would do a complete trans fluid change including the torque converter.
then move to the front end and rear end to check ball joints and fluids in the diff housings.
hope this answers some of your questions but if not just post away and someone will answer them.
just be more specific so everyone is talking about the same thing.
i would rather push my Ford than drive your Chevy !