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Old 06-02-2015
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I am: nathan disse
Join Date: Mar 2012
Location: powhatan VA
Vehicle: Ford Ranger
Posts: 28
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overdrive light blinking

overdrive light blinking on 2000, with 3/0L flex. High rpms, like overdrive is off. Cut truck off and back on, no problem coming home. Pulled code p0731

any suggestions?
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Old 06-03-2015
momule's Avatar
I am: Pat
Join Date: Nov 2013
Location: Washington, MO
Vehicle: 2002 Ford Ranger
Drive Type: 4x2
Engine: 3.0
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My 02 did the same thing. It also had trouble downshifting into third while in cruise control. Took it to dealer and had codes pulled since these problems are indicative of a troubled tranny. Service manager recommended having the filter changed along with a pressurized flush, clean and refill of fluids. This has taken care of the problem now for about 6 months. The next step would be to take the tranny apart for a rebuild which would cost far more than the flush. I always try the cheap option first since I'm a diehard optimist. Just don't ignore this because this could result in catastropic tranny failure. Lots of info about this online so do your homework.
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Old 06-05-2015
00GreenRanger's Avatar
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I am: Sam W
Join Date: Nov 2011
Location: North Bend, WA
Vehicle: 2000 Ranger
Drive Type: 4x4
Engine: 4.0
Posts: 1,213
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I hate to say it but my tranny did the same thing and it was toast. The rebuild is gonna cost an arm and a leg. If I were to do it all again I'd swap in a 5 speed. If the OD light starts flashing, something is wrong with the tranny no matter what someone else tries to tell you.
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