If it noisy when cold you will want as thin of oil as possible. Mercon V is a tiny bit thicker (15W or 20W) than Mercon LV or Dextron 6 (10W). The cheap version is Valvoline Maxlife that is listed as compatible with Dextron 6/Mercon LV - the gallon jug is about $25 at Walmart if they have it. I just replaced the oil in my Ford F250's ZF5 transmission and changed from Mercon V to Mercon LV (Maxlife) and the shifting difference when cold is huge.
The Valvoline Maxlife in gallon jugs is so much cheaper than buying it by the quart. I've been using it in my Taurus and my wife's Kia van and I've never had an issue with it yet.
Suck out what you can (I use hand lotion pumps when my oil siphons disappear) and refill with new. Good chance it was filled with a generic power steering fluid.
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Today's Featured Article - Earthmaster Project Progress Just a little update on my Earthmaster......it's back from the dead! I pulled the head, and soaked the stuck valves with mystery oil overnight, re-installed the head, and bingo, the compression returned. But alas, my carb foiled me again, it would fire a second then flood out. After numerous dead ends for a replacement carb, I went to work fixing mine.I soldered new floats on the float arm, they came from an old motorcycle carb, replaced the packing on the throttle shaft with o-rings, cut new ga
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