Notice vehicles with oil leaks. The places where oil runs are very clean underneath that oily mess. Overseas, spraying the underside of vehicles with oil has been done for decades. Ask some mechanics of Caribbean background(I know quite a few), and they will often tell you that back home it was common practice to spray vehicles underneath with used oil in order to protect them from the salty conditions of the seaside. This is also commonly done in South America and Asia. Here is one example. I also believe that [MENTION=45027]fightman80[/MENTION] can attest to the oil undercoating. His build is an excellent testament to its effectiveness.
I agree completely with T4R2014.
I have to drive through the Ohio brine slush. I've tried lots of rust treatments and paints. In the end I settled on blobs of grease, antiseize, motor oil, low voc cosmoline, and lots of fluid film.
Also, I made sure (see hole in frame in pic) I can keep the inside of the frame near the rear lca free from pooled briney water, gravel, salamaders, etc. The frames on pretty much all 3rd gens I see around here are rusted in half at this point, and full of a wet salty dirt and rust flake paste.