Couldn't say about the transmission without looking at it, but possibly linkage out of adjustment or hanging up somehow. The ticking might be a valve out of adjustment or a faulty (collapsing or sticking) hydraulic valve lifter. If you get a long screwdriver and put the handle end up next to the bone by your ear opening and the tip at various places along the length of the valve cover you can often tell where the ticking gets worse and that will let you know which valve or lifter might be having the problem. Alternatively it could be a time bomb. An old style time bomb...I think most of the new ones use digital timers so you hear nothing but BANG at the end. Please let us know if it explodes.


~ Jon
1952 1/2 ton with 1959 235 | T5 with 3.07 rear end