Overdrive Light On problems of the 2001 Ford Ranger

Trans shift problem 1st to 2nd shift hard shift started about 3 months ago 2001 Ford Ranger 4x4 ,started only doing it on cold starts now does it all the time cold or hot have to let off accelerator to get to shift or manually shift from shift lever. Overdrive light flashes as soon as it slams into gear ,trans slip. Ford has had on going problems with trans. Been a auto tech for Ford for many years its time to have Ford look at the on going problems.

I was driving to work one morning, and the o/d light (over drive light) started to flash on my 2001 Ford Ranger XLT 4. 0 v-6 4x4 truck. I had no idea in what that meant. I drove to work, I called around and that is a trouble condition on the transmission, I said on the tranny it only has 73 thousand miles on it. I was surprised, and the truck is very well kept up. I took it a well know transmission place to have it looked at, and test drove, along with the computer check, and it came back with a reading "incorrect gear ratio on 3". I was like what is that, he said that is ugly. So I took it and got 2 more inquiries, and 1 from a dealership. All the same 3 rd gear trouble. I contacted Ford, and spoke to heather, and needless to say she said that it was only my that has the issue with the transmission no one else does. There was a TSB message put out about this trouble in may of 01, so Ford knows there is a problem. Its going to now cost me a mim of 1500. 00 to a max of 2100. 00 to fix this transmission.

Bought 2001 Ford Ranger in 2005, 18 months later gearbox needed rebuild due to loss of gear selection on auto box. Still the gears sometimes do not engage and the o/d light comes on and gear changes are rough. I believe this is a defect in the transmission from what I have read.

Automatic transmission started shifting hard, overdrive off warning light came on and started flashing. Took car to dealer and they said transmission was bad. This vehicle only has 79000 miles on it. Showed them maint. Records, they said there was nothing they could do. $2800 repair bill for new transmission.

Ford Ranger XLT 2001 transmission problems. I have owned this vehicle from new and now just outside of warranty based on mileage, the transmission is needing rebuilding or replacement. The vehicle has only 38412 miles total on it, warranty coverage only lasts until 36000 miles or 3 years. Vehicle was purchased in August of 2001. No special operating conditions have existed for this vehicle (I. E. Towing, heavy equipment or item hauling). This vehicle began very early Saturday April 10, 2004 flashing the o/d off indicator light on the dash panel. I took this vehicle to a local Ford dealership where they indicated that the obdii system was registering 3 different codes having to do with the powertrain system. The codes registering were p0731, p0733 and p0735. According to the service technician who was working on the vehicle there is a tbs for the code p0733 registering. The service manager who I ended up receiving the bad news from only gave me the option of installing a remanufactured transmission at an estimated cost of roughly $2600. I have also taken this vehicle to an independant transmission mechanic to investigate the issue and see what is actually happening. This mechanic has confirmed that the transmission needs to be rebuilt, but also commented that he is seeing more of this happening with this particular transmission model in this vehicle. He also noted that the trend is that between 30-40,000 miles is the range at when this problem happens. I placed a call to Ford motor company's customer relations and they are 'researching' possibilities of financial assistance to repair this issue. The main concern that I have with this 'fix' is that it will be replaced with the same model of transmission and that the problem will occur again in 30-40,000 miles.