I've just returned to this site, and happen to have the same issue
My name is Willi and i've been here since 2020
This is my fourth FX/QX and i really wanted the 5.0
the QX is discontinued as of 2017 and i had to have one
preferably the Limited which i found along with 21" wheels
I'm very happy w the 3.7 and its hp, although the 3.5 was fine!
Here's my finding w the P0720 code, along with analysis for the transmission
the OBD showed no other codes, and i learned that the problem is not easily diagnosed
its a choice of trying the valve body, or the entire transmission
I used to do this stuff myself, but no longer able to!
First i had my tec change the fluid just to see
It did not change anything and the fluid seemed ok!
There is no way to see what the culprit could be w/o dropping the pan
So i went to Aamco thinking they are the experts ... wrong
i sure as hell won't go to a dealer, but Aamco quoted about $9k for a reman tranny
They would not consider the valve body, claiming the fluid showed metal shavings, which it did
Luckily, i found an excellent tec in DFW that really knows his stuff
He agreed w my analysis and i got the valve body from Nexenzo
here's the problem you run into, with sourcing the valve body:
There aren't many available and most are on Ebay in China
a refurbished one around DFW is $1,500 or more!
So the 650 from Nexenzo sounded good.
After talking w Justin about the process, i ordered the part for the AWD
This requires the appropriate pre-programming which he took care of!
He's a very busy man so it did take some extra days to get it to me!
Again, there's not much choice so i waited patiently and got it!
My new tec performed the inspection, and after dropping the pan
we could easily see what the problem was ... very bad buildup of gunk!
My Carfax showed no maintenance of the transmission from previous owner
the extra sludge likely added heat to the components and clogged the valves
Seems the speed sensor failed, and the car went into limp mode, only 3 gears
the tec was very aware, and flushed w extreme caution w his own methodology
yes the car is running fine! shifting better than ever before, especially down shift
Automatic transmissions are very difficult to diagnose, as it requires opening it up!
and using a reman part, if its wrong, requires starting over, and another 6 quarts
Hope this helps some others, from my pov this requires people w experience