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Get it checked out. You have an electrical problem. Most likely a short. Overdrive is basically a "Higher Gear" allowing the wheels to spin faster than the engine, which increases fuel effeciency. If this is out, you will only get to use the next lowest gear. I have a 6 speed automatic. Which means, I could only use up to fifth. If yours is a 5 speed auto, then you can only use up to fourth gear.

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Q: Why does 2004 Explorer Overdrive off light blink?
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