Join Date: Dec 2009
Location: Napa, California
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Hello Bimmer folks,
Last week, I felt a big jolt under my '94 540 while driving up a hill. Did not ran over bumps, it felt like something dropped down from the engine and a "trans program" message appeared on my dashboard. Took my e34 to the BMW dealer and they are asking $10K to replace the transmission (7k for new-rebuilt trans part, $2.3k labor + tax)
I figure I could probably get it repair for 1/2 that price at any other shop. However, I am afraid it won't be worth it. The sad part is that it was just painted, it has brand new tires, and I have maintained it real well replacing all other failing or broken parts from wear and tear.
Right now, I am debating whether I should donate the car to charitty for a tax write-off or selling it with the bad tranny.
1) Do people value the e34 to buy them with tranny problems?
2) What is the fair/going cost for a new tanny for E34 and labor?
3) Which business pays best to sell it for parts?
My gut feeling tells me is time to let go. All feed back is welcome.