I have a 1994 F150 5.0 4WD with automatic transmission. I was parking my trailer earlier this evening when I noticed a major leak had sprung from the transmission. I'll see if I can attach a photo to illustrate. Basically, it looks as if most of it was coming from the round plug at the bottom, but there may have also been some coming from the seam forward of the plug.
I'm hoping this is just a blown seal, and not a major problem. I had checked the fluid level earlier today, and it was fine (and the fluid looked clean). I have had no shifting problems or any other issues with the transmission prior to this. It just seems as if I stressed it out a bit trying to back the trailer up.
Are you sure it's trans fluid? Catch some on a white paper towel & see what color it is, and how it smells.
Yes, it's probably just a worn front seal on the trans, but it looks like your engine could use several new gaskets & seals. I'd pull the ENGINE, inspect the freeze plugs, & replace the oil pan & valve cover gaskets, F&R main seals, trans front seal, t-case F&R output seals, & probably both engine mounts. While it's out, I'd probably stick new oil & water pumps on it.
Thanks for the advice. I'm fairly certain none of the maintenance you're suggesting has ever been done on the vehicle, so I'll definitely keep that in mind.
Can the affected seals be replaced without doing a full removal? I have a friend with a lift that I can use to get under the car pretty easy, but pulling the entire thing might be more than I can handle.
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