I recently bought a 2003 Ford F150 XLT, yesterday I was driving my truck and came to a stop and put the truck in reverse.....nothing....the engine just reved up, I put the truck back in drive and was going to drive around the block but when the truck tried to shift into second gear it slipped out of gear and just reved up. I turned off the overdrive and was able to drive the truck home although it took longer to shift from first to second, but still had no reverse.
Thanks in advance for any information! This truck only has 62000 miles on it by the way.