Transmission problems are common in this model, often as a result of a failed front pump. The pump loses its ability to create hydraulic pressure, which an automatic transmission needs to function. A sign of front pump failure can be a whine type noise.
Transmission Problems Common Due to Front Pump Failure on Ford Crown Victoria
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Whining noise occurs when accelerating. Does not happen when when coasting. Problem has not been repaired
Mechanic: Most likely intermediate clutch seals have failed causing no pressure to squeeze and hold the clutch tight to achieve 2nd gear. The diag for this is going to be removing the pan and valve body, then do an air test on all the clutches and band servos. Addressing this is going to require trans removal and rebuild most likely. It is not an external issue. The air test will tell us if the focus is on the clutch or a valve body or solenoid issue.
I pushed on the gas pedal and I heard something pop then the car started to smoke and when I parked my car, all the transmission poured out.
Transmission would slip on hard right or left turns... you would feel the transmission drop into a lower gear when you came to a complete stop... replaced /rebuilt transmission... extremely costly