I was reading online that a common cause is the TR/MLP sensor (Transmission Range sensor, or Manual Lever Position sensor) You may want to look into that.
a 95 mercuy cougar takes anywhere from 5 to 7 quarts of transmission fluid
On a 1995 Mercury Cougar : The automatic transmission fluid level dipstick is in the engine compartment , near the firewall , towards the passenger side of the engine ( at the rear of the engine where the transmission is bolted to the engine )
The most common problem for the 1995 Cougar xr7 Transmissions is the shift selenoids and the TCM Transmission control modules needing to be reprogramed common fixes for the shift control module would be a transmission overhaul or replacement do to the fact of the shift control module is located inside of the transmission and as well another cost effective fix is to get the transmission control module reprogrammed.
The ( 1996 ) Mercury Cougar gas tank capacity is ( 18.0 U.S. gallons )
For a 1995 Mercury Cougar : ( " regular " unleaded gasoline , 87 octane )
A ( 1996 ) Mercury Cougar gas tank capacity is ( 18.0 U.S. gallons )
Fuel pressure regulator.
According to a website I was looking at : For a 1995 Mercury Cougar , 4.6 litre V8 engine ( 15 city / 23 highway miles per U.S. gallon )
the rear one ========================================================== On a 1995 Mercury Cougar , 4.6 liter V8 engine : ( Bank 2 ) is the drivers side of the engine
On a 1995 Mercury Cougar ( V8 and V6 ) Bank 1 is the passenger side of the engine Sensor 1 would be close to the engine before the exhaust passes through the catalytic converter
They came with a 3.8L or the 4.6L.
Flush the cooling system? Flush the fuel system? Flush the hydraulic brake system? Flush the AC system? Flush the transmission? Pick one.