Transmission Failure Problems of Ford Explorer Sport

I own a 2001 Ford Explorer Sport. Recently, it appears that if I am going a steady speed or leaving from a complete stop, the car goes into over drive. This happens to me a min. Of 5 times a day. The button does not work for the over drive, so each time this happens, I have to pull over and turn the car off and back on again. Sometimes the od goes on minutes after I turn the car off and on again. I have not taken it to get fixed because the mechanics have told me it is signs of the transmission failing. I am a college student and can not afford to pay out of pocket 3,000 when the car is only worth 6,000 at best.

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I have a 2002 Ford explorer in which it only has 70,000 miles on it an the transmission has failed. There are many complains on this and something needs to be done.

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Transmission failure with continuous maintenance and only 66000 miles.

Multiple failures report from the vehicle computer system for failing transmission. This car is barely three yrs old with low mileage and the transmission is already failing. Fords service explanation is that the vehicle requires regular transmission coddling (service) to maintain the overall life of the transmission. And of course I'm just over the mileage for powertrain warranty converage. I understand from more than one reputable car service dealers that the explorer is notorious for transmission failures.

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The truck's valve body malfunctioned . When this occurred the automatic transmission failed to shift correctly. Although this is a common problem and the dealership is aware of it the cause is still unknown and there's isn't a remedy. Please provide any additional information.