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Re: O/D light flashing
2002 XLT: same warnng light problem but along with sudden onset of slippage etc. at 104,000 miles. Innards were chewed up. Ended up with a rebuilt Ford transmisssion at a cost of $3800 but with 75,000 mile warranty. These original tranmissions are notorious for breakdown. You can have the codes scanned - maybe by someone who does not have a vested interest in selling you a transmission job, to see what the diagnosis is.
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