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No, modern Fords use Mercon V, which is not the same as Dexron. Older models use plain Mercon which is usually dual-specced with Dexron III. Most generic fluids you buy are both Dexron/Mercon compatible, but are not equal to Mercon V unless it specifically says so. Dexron II is an obsolete fluid that is not used in any vehicle in recent decades, I don't know where you'd even get that.

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