2001 525i Transmission Fried?
2001 525i, 130K miles. I bought it used from friends who babied it for 8 years and have had it 2-1/2 years with no problems. But recently, car got hung up on some chunks of ice (don't ask!) as I backed out of the driveway and after some gentle rocking didn't work, I dug out and started to drive off. Almost immediately I heard a high pitched whine, followed by banging noise from, followed by ATF light coming on. Turned car off, waited awhile, started again and ATF light came on again. I limped home (40 miles) -- car had trouble grabbing low gears but was fine on highway (I drove no more than 50) and took it to dealer, who diagnosed gearbox monitoring problem and recommended replacement ($6800). Took it to indy, who diagnosed output speed sensor problem and recommended replacement ($5400), more if it needs a new cooler too). Most of this is Greek to me but my question, hoping against hope, is whether there is any possibility of a fix short of paying more than the car is probably worth. Any ideas? Could I have really trashed the transmission on a little bit of snow and ice?