Re: 1995 V8 'Bird
It was a "dog" year for tranny's. The first thing you should do (if you haven't already done so) is to have the tranny drained and make sure the torque converter is totally drained, also; then refill with 12 qts of Mercon V. Finally, add an oil cooler. This should solve your tranny problems. Other problems with the '94 & '95's are with the suspension. Premature ball joint failure, strut rod bushings and sway bar bushings. Other than that, it's a great bird. I have two, one with 176,00 on it and the other with 68,000.
Hope this helps you,