Holy crap! That’s crazy. In 1983 I dropped a picked thru the ice on Tiber heading out ice fishing. Wasn’t submerged but I did have to call a tow truck. $85 and I thought that was a lot. Times have changed I suppose.
I have a 04 F150 with the 5.4. 215,000 miles. No issues at all. Changed the plugs out at 100,000. Also have an 08 F250 with the 6.4 diesel. 145,000. Only issue I've had with it is two blown AC compressors and a leak in the radiator.