If the light is blinking, there's a trouble code stored. Get the codes read and then you'll know where to start the diagnosis
This is indicating an issue with the transmission that should not be ignored. The flashing light was designed to annoy you into action. Waiting could cost you a lot more money. I would get the error codes by asking my local shop to get them, or many chain auto stores offer free code reading, just ask. I was at AutoZone a few weeks ago and got the codes, and they printed them off for me, in addition to recommendations as to the cause.
Best case scenario is just a reset is necessary (computer perhaps). You don't want to be stuck on the side of the road, so it's good to find out.
Good luck and let us know how it turns out.
SOURCE: 2003 chevy silverado will not shift into drive or overdrive.
transmission shift solenoid is stuck open this is a common vehicle issue in automatics and not particular to any make or model vehicle 15 dollar part and arm and leg for labor if taken in
heres an idea to try
take out the transmission filter and replace with new one make sure to take not of any metal debry in trans pan this indicates the trans had sheered its gears down and a trans rebuild is needed
the transfilter needs to be changed at a certain milage interval they can get clogged up
there is a kit you buy for your truck at any parts store
its an easy change hour of time unbolt trans pan unbolt trans filter and put new one in
kit comes with new seals less than an hour you can do it yourself
to overdrive you would feel a difference in shift badley if it was that something to keep in mind
SOURCE: 93 toyota camry check engine light is flashing 2,4
Disconnect the 15 amp EFI fuse in the fusebox under the hood for 5 minutes. I'd appreciate a FIxYa rating for my assistance. Thanks.
SOURCE: Overdrive light is flashing and tranny is slipping in drive and 2nd
my overdrive light is flashing due to a shattered speedo cable tip. check your fluid level. you may have to change the tranny filer and redo all the fluid.
SOURCE: My overdrive light is flashing indicating the overdrive is off
2002 ford explorer xlt 4.0 liter auto 4x4 O/D light flashing fixed on mine. Turned out to be a 32.00 vehicle speed sensor located on top of rear differential.
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