Considering the 1986 F-150 as presented isn’t even an XLT Lariat but a lowly XL, yeah.
Visually a dead giveaway is the plain tailgate, the higher trim levels had a chrome/plastic panel. Also no badge on the B-pillar right behind the doors. Finally, the trim levels are found on a stamped panel in the center stack over the radio (which has no text on it whatsoever, btw.) Should read “XLT”. This model clearly says “XL”. Check it out in photo mode.
What the actual fluff, PG