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Re: the ford P/U. I have a 2003 expedition which has the same drive trains as the 150.
The 4E70 is a great tranny, and the mechanic at the dealer called it "the towing tranny" however, if you have not done so, I strongly recommend to have the fluid and filter changed, and every 25K afterwards. I am pulling close to 8000 with a tongue of 500 using the equalizer hitch. I bought it with 39K miles, and have put 100, 000 on it since, with everyday driving and towing. good package. Run it in drive, but activate the "O/D disable" or "tow switch" . If you have the tach, at 55 should be around 22-2400 RPMs. The "tow' switch also changes shift points which is highly desirable.
You have done what I have or would have done. Maintain it and it treats you right. Had mine for 20 years now. t doesn't owe me anything.Mine has the 4R70W (4-speed) transmission.
I doubt (but don't know for sure) that the fluid/filter had been changed prior to my ownership, which started at 191,000 miles. Oddly enough, when I pulled the pan, the fluid was still a pink color and did not smell burnt. While I was at it, I also changed the fluid in the rear diff and didn't find any unusual wear.
I always deactivate the overdrive when towing. I also have a weight distribution hitch, and air bags on my truck and it tows fine. Max comfortable speed is 60MPH with mine, which is mainly due to the aero drag more so than the weight.