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Re: nailing down Transaxle code P0742
if you have 1-2 and 4th, then both of the shift solenoids are working..
I think you possibly are seeing 1st, 2nd, 3rd then TCC Lock in 3rd, Reason I say this is that its common for the 4th Input hub shaft to strip out... with the miles you have on the trans it is time for a rebuild.. Highway or not thats a lot of miles for a 4T65-E or any trans for that matter..
are you 100% that it skips third gear? It is also possible to be having a 3rd apply problem cause buy a Lip seal iirc...
All I can see for your future is a used low mile unit or a full rebuild..
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