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If by show wrong you mean it tells you your in first instead of second gear going down the road that could be a simple fix. Theres a sensor on your shift linkage that tell you what gear your in. it that's out of broken it could just tell you your in a different gear. As well as if it will lead to the down fall of your transmission i'd have it checked it should pop up a check engine problem usually and your local autozone can asses the problem for you.

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Q: The gears show wrong in your 97 Grand Marquis could that have something to do with the transmission?
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