I had the same problem with my Ford truck when I bought it,I had to cut the cable to drop the tire. A new hoist was around $120,so I went to the auto wreckers and got a used hoist for $40 that works like a charm. Grease the heck out of the cable and as another poster said,spray grease in the area of the frame and bed where the tire goes. I dropped my spare and had the truck undercoated then replaced the spare. My truck has a box rust free from Georgia and I plan on keeping it rust free. The hoist comes off with four bolts on the frame and although it looks like it will never come down through the opening in the frame,just wiggle it around and it will drop out and the new one will go back in the same way and bolt back in. The problem of having a spare loose in the box is that it becomes a projectile if you are in an accident. If you must have your spare in the box ,do as others and build a bracket to hold it in place.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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