I just bought a '94 318 IS Automatic with 118,000 miles ;ast week. I have driven it 150 miles so far. The car is driving great with one exception...When I take it out first thing in the morning after sitting overnight, it takes a bout 3-4 minutes for the gear shifting to "kick in." Basically when I first give it gas out of my driveway, it revs higher with minimal power. After a few minutes, the car drives great and the problem disappears until the next morning where it repeats itself for the same 3-4 minutes. I only have a 15 day warranty on transmission and engine. The used car dealer (he only deals in used BMW's and has a good reputation) who sold it to me said this is completely normal for the car to need a bit of a warm-up. I asked if I should do a transmission flush/filter change, and he said I would be wasting my money, and that his mechanic checked the car head to toe and everything is fine. Is this really normal as he said, or should I be worried. What are the signs of a failing automatic transmission?
Any help would be greatly appreciated.