So last week my 1994 540i started a suspicious leak from the back of the engine. I asked around town what that could possibly be and the concensus opinion was that it was the reservoir that was possibly leaking.
I went along with that and made an appointment to bring my car in to have this checked, the next available appointment was saturday. I thought I was cool. Well friday comes along and the transmission is acting. Like it had a delayed reaction into dropping into gear from a light. On the following Saturday when I get in the car to take it to the local shop, the car behaved
.
Put in reverse it was fine, in neutral it still rolled backwards, in Drive it was a struggle to move forward as if the parking brake was on. I immediately shut it down after I felt the issue in drive and called a wrecker service.
So today I get the call I was dreading. The coolant leak was from the transmission cooler and the resultant damage caused 2nd gear to fuse it self to the clutch and reverse.
The bill to fix $3k
I'm torn on this... I've spent a lot on getting this car in shape since acquiring it last year.
- Front Suspension Rebuild
- Alternator / Battery (what i thought was a fusible link issue was the battery exploded)
- Both Water Pumps
- New 17inch Rims / Tires
Biggest problem is, I owe a good deal on the car too.
So what's the avg. price on a used tranny for a 540i? Should I spend the 3k to get it fixed?