It is very hard to believe when your VRV valve on the IP pump is not working or the transmission modulator it supplies vacuum to is not working. That it would cause a late and very hard shift but it does. But if you let off the gas at higher rpm it will shift.
1) Check to see if your vacuum pump is working and if you have any vacuum line leaks. Even if your vacuum pump is pulling 18hg instead of 22hg that can change the VRV adjustment.
Recently while towing a loaded a trailer I came off the freeway off-ramp to find out my power assist brakes were not working. Fortunately the light was green, there was no one in front of me and I could just take a left at the end of the on-ramp and slow down to a stop with the 40% braking I...
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2) Check to see if the vacuum modulator on the tranny leaks atf when you pull the vacuum line off it. If it does, its bad, and replace it.
3) Now that the above is verified working, it’s time to adjust the VRV system. Ford had a very hard to do exercise to set your VRV. I did not find it worked well unless you have a brand new VRV and a néw vacuum pump. It basically suggested with the IP cam open .55” from full throttle and vacuum applied to the system, you set the vacuum to a specific hg using the VRV adjustment. But it’s not very easy or effective in my opinion. So I suggest you use one of the below ways.
a) The VRV is the plastic device on the drivers side of the IP. It has 2 screws (Maybe three.) That when loosened let it rotate towards the window or the radiator. As I recall moving to the window caused a earlier shift and towards the radiator a later shift. Try moving it towards the window as far as it will go (1/3 of a turn) and tighten it and test drive. Did not improve? Now loosen and turn it towards the radiator tighten and test drive. Still not right, the VRV is out of calibration and not where you need it to be Releasing the vacuum. So loosen the VRV and put it halfway between the window and radiator travel. We will set it in middle so it can be adjusted later.
b) The VRV has a plastic cap over the head (The head has the two plastic vacuum ports.) Remove the cap that sits on top of the head of the VRV by pulling it up and away from the valve, it just pops off. Now just under the head of the VRV is a plastic nut but it has 4 indents so it does not look like a regular nut but it is a nut and it turns. This is how they were calibrated at the VRV factory. The nut turns and as it raises and lowers the head on the valve. (The head does not turn, just goes up and down.) Turn it 1/2 turn clockwise and test drive. Turn it a 1/2 turn clockwise and test again. Do that for about 2 complete turns. Did not get a good result, try the other direction. Now go back counter clockwise 2.5 turns. Then a half turn 3 more times. Likely by now you are finding where it shifts great. If not your VRV could be toast. Nick Pisa is making them but not sure of how good they are.
c) If you have an aftermarket tranny modulator (The little vacuum device on the tranny that hooks to the VRV via a vacuum line.) they have a small screw inside the vacuum port hole that also can adjust the shift point like the VRV. But if yours is older and is a Ford one, it will not adjust. But if your VRV or your modulator is bad, adjusting it is not going to fix the issue.
Let us know what you find.