general problems of the 1997 Toyota T100

Took truck to repair shop for exhaust repair. Technician found the frame to be rusted badly with holes through the frame. Told me that I need to have this looked at by a Toyota dealer because there should be a recall because it could get dangerous. He also pointed out rust on break lines and other suspension parts that needed replaced soon.

Mechanically this truck is very sound, but the frame and many parts are rusting excessively. When I first bought the truck I had it undercoated. This didn't last long and I've had to replace the control arms, the load sensing proportioning valve and was recently told that I am at risk of not being inspected in July due to the rust on the frame. The vehicle only has 153,000 miles on it and it should still run strong, but the frame may make it impossible to get my value out of the vehicle. I feel like I wasted my money on a Toyota product that used to have a good reputation.