Hi all.
The automatic transmission on my 1989 Toyota Camry recently started having problems. The problem is the car will not change gear and accelerates as fast as usual even if I press the gas hard. It feels like the transmisison is stuck on a higher gear.
I had my car towed to a local auto repair shop and after an hour of diagnostic, I was told "the pump" inside the transmission is bad and thus cutting off some fluid circulation. The repair shop said in order to fix the pump inside, the whole transmission needs to be rebuilt. They cost of repair they quoted me are $570 for labor and about $1400 for parts.
Is $2000 for rebuilding the transmission reasnoable? It's hard to believe I need to spend $2000 for the repair considering the car's market value is less than that!
Any opinon on the problem would be appreciated.
Thanks.
-JL