There's no harm in moving to the '55 unit. IF it also is 'vintage' however, and IF it has been sitting for too long, installing it may yield the same leaks after installation that you're presently struggling with now. That would be frustrating...!
To change transmissions on the 'Bird, I would recommend that you remove the engine and transmission as one assembly. Removing the transmission from under the 'Bird is impossible due to the 'X' in the frame... I like to put the engine and trans back in as one assembly, too.
Leaking fluids with mechanical stuff can be caused by too many things. Common sources of transmission leaks with the FordoMatic transmissions include:
- oil pan gaskets...
- front seal that contacts the torque converter hub (neoprene rubber seal often gets hard with heat and time and therefore loses it's sealing ability)...
- the torque converter hub may be worn and need to be replaced...
- IF it's an air cooled transmission, the torque converter is aluminum with fins on the outer diameter, AND is of two piece design. The seal that seals the two sections together is a wonderful source for a leak. :{
- IF it's an oil cooled transmission, the torque converter located between the transmission and the engine is steel and is of one piece design. Yeah, it has two sections, BUT they're welded together to make one piece that cannot be separated or leak like the air cooled units can... Oil cooled FordoMatics have two steel lines that travel from the transmission case forward along the passenger side of the engine to the bottom tank of the radiator where they connect to a tank within the bottom tank of the radiator.
- the O-ring seals on the transmission valve body mechanical linkage can succumb to age as well, causing fluid leakage...
- a worn front pump on the transmission... result is oil draining back from the torque converter, overfilling the transmission, causing leakage from the case
- Yes, there are other possibles, BUT these are good initial things to check...
The ID tag for your transmission was originally elliptical in shape, red paint dominated the surface, and it had two 'rivets' securing it to the case on the driver's side adjacent to the valve body shifter lever, just above the oil pan. The valve body shifter lever has a single rod going rearward to the floor shifter adjacent to the transmission aluminum extension housing. IF the transmission has been rebuilt previously, the riveted tag may have been lost OR the identifying information on it may have been painted over OR all of the original paint removed when the case was cleaned in a parts washer.
IF the original tag is gone or not readable, look to see IF the rod from the 'Bird floor shifter appears to be 'normally' connected to the valve body shift arm (see the previous link for a picture of a correctly shaped 'Bird application linkage arm). IF the shifter linkage looks okay, check to see if you can locate the hex plug on the drivers side rear of the transmission case. IF there is a bunch of dirt and grease in that area, do some scraping with a straight blade screwdriver. The plug has a hex head and will stick out slightly from the trans case. It's not large in diameter, though, and can be easily missed. Again, it is just above the oil pan and adjacent to the rear aluminum extension housing where it mounts to the rear of the trans case.
Don't hesitate to write IF you have questions. I've been there, too...
NoShortcuts
a.k.a. Charlie Brown
near Syracuse, New York