"Trans Program" BMW 530i 1995
I have a 1995 BMW 530i. I hit the gas one day and the engine revved up to 5,000 and then the tranny (after slipping) kicked in. Trans program was displayed and the car is stuck in third gear. When I turn the car off all is fine until the car hits 3rd gear. That's it, it displays "trans program" and sticks in 3rd. If I put it in manual mode when it's cold, then I can ride the first two gears, but if I put it in 3rd, that's it.
Mechanic wants 3,000 dollars to rebuild.
I ordered the speed sensor and trans filter.
Please Help. I love my BMW!!!!!