Problem Description and Possible Solution
Various problems with the 5-speed automatic transmission were common. These problems can be more common on the 2002 models with build dates before March, 2002. There are many service bulletins describing the diagnoses and repairs, which include fluid leak repairs, transmission software updates, or internal failures requiring a costly repair.
Average mileage: 129,321 (70,000–189,996)
Drive Trains affected: 2WD, 4WD
37 people reported this problem
Mine is actually the AWD model. We performed that fix here: http://www.fordservoboretransmissionfixsolution.com
The transmission has successfully managed another 30,000 miles but now it's done. P0745 and P0775. O/D light blinks and the truck slips in between 2/3rd. I didn't know it years ago, but apparently part of my bad gas mileage had to do with the fact that I'd lost 5th gear a long while ago.
Transmission gave out this morning with no warning really, lost reverse and couldn't drive over 30mph. I'm looking at a costly repair from transmission shop, not sure what yet but I'm kind of dissapointed that Ford wouldn't take responsibility for this issue seeing it's obviously manufactured issue, it's way to common to not be something that happened during the assembly of vehicles. That's a lot of money to come out of the average persons pocket and its not even I'm the 100,000 mile range, I'm so dissapointed and regret buying this.