SOURCE: f150 transmission neutralizes when shifts to overdrive
I have that exact same truck and transmission and My Transmission did the exact same thing about a year ago and there was some kind of snap ring inside the transmission that broke. I originally thought it had to be an electirical problem because the truck shifted fine until OD or if i turned OD off. The 4r70w is a light transmission and i would suggest you have a shift kit put in and they make a heavier kit to beef it up.. Sorry its probably not the new you were looking for.
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