The 3.0 was designed in the mid 80's. Engine designs have gotten more advanced since then. What was satisfactory and competitive for mpg and hp figures in the mid 80's seems wasteful and underpowered when compared to newer vehicles.
The newer OHC engines are more efficient, and more powerful, but the added complexity can cause an earlier demise. You won't find many 4.0 SOHC trucks with over 200,000 miles that don't have timing chain rattles or other serious issues. There are several examples of 3.0's going well over 250,000 or 300,000 miles. Mine was chugging right along with 207,xxx when I pulled it to put the supercharged motor in. Other than routine maintenance, and replacing the injectors and cam sync, it never complained. Cheap and easy to work on too!
The other thing to consider about mpg's is the number of configurations they offered Rangers in. Between engine choices, bed options, standard/extended cabs, trans choices, gearing, and 4wd or 2wd. A 4.0 with 4wd, extended cab, and auto trans might weigh 3800lbs, but my 3.0 2wd, regular cab, auto trans is several hundred lbs lighter than that at 3200lbs even with half a tank of fuel, and my junk in the cab.
The newer OHC engines are more efficient, and more powerful, but the added complexity can cause an earlier demise. You won't find many 4.0 SOHC trucks with over 200,000 miles that don't have timing chain rattles or other serious issues. There are several examples of 3.0's going well over 250,000 or 300,000 miles. Mine was chugging right along with 207,xxx when I pulled it to put the supercharged motor in. Other than routine maintenance, and replacing the injectors and cam sync, it never complained. Cheap and easy to work on too!
The other thing to consider about mpg's is the number of configurations they offered Rangers in. Between engine choices, bed options, standard/extended cabs, trans choices, gearing, and 4wd or 2wd. A 4.0 with 4wd, extended cab, and auto trans might weigh 3800lbs, but my 3.0 2wd, regular cab, auto trans is several hundred lbs lighter than that at 3200lbs even with half a tank of fuel, and my junk in the cab.