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Toyo5930,
Your friend is correct. The Toyota brand "red" coolant lacks silicates, which cause more rapid corrosion of aluminum and degrading some seal types. Toyo started using this as OE fluid in the late 80s or so. Your truck would have come with it as OE.
You can run other coolants and they will work - e.g., they will provide cooling and anti-freezing properties. However, they will be more harsh on your aluminum components - usually your heads and radiator in modern cars (I think yours has a iron block). The toyo stuff is more expensive, but it is also longer life (30k miles, 2 to 3 years) vs only 12 months for the regular "green" stuff. Anecdotal comments I've seen from some very knowledgeable mechanics say they see more coolant-related wear and corrosion in BMW, etc. vehicles running silicate-content fluids than in cars run with Toyo Red. I've seen this reported enough times from enough experienced mechanics to believe it.
This is one of those "how long do you want to own the car" kinda questions. If you foresee owning it a long time, and replacing timing belts, water pumps, and trying to get your radiator to go 200,000 miles or more, go for the Toyo Red (which I put in my all aluminum V8 Audi, too). I have a Toyo LC which I haul horses with and plan on owning many years, so I definitely use the Toyo Red with it, too. If your truck has been on the Red until now, I'd keep it on it. Since you just changed it, I'd either flush and change back now, or run it through the winter as is, then in the spring switch back to the Red (flush thoroughly between the change). Use 50/50 oToyo Red/distilled water and I think you have freeze protection down to -30F.
I also understand Zerex 5/150 (their "extended life" product) from Valvoline is silicate free and meets Toyota's specifications, so you could try that, too.
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