“Ninety percent of failures are caused by items [inside the transmission] that can't stand the wear and tear of 80,000 or 90,000 miles,” Avner says. Avner says the average cost of a rebuilt transmission is $2,800 to $3,800, and the average cost of a replacement transmission is $4,000 to $8,000.
Also question is, can you drive a car with a slipping transmission?
Driving with a slipping transmission is not recommended because the vehicle's safety can be unpredictable. It can go into different gears without warning, shake, and cause damage.
One may also ask, how long will a transmission last after it starts slipping?
With minimum effort and not much maintenance you'll probably get about 100,000 miles out of it. That might seem like a long time, but it only takes five years to put 100,000 miles on your car, at an average of driving 20,000 miles per year.
Is it worth fixing a transmission?
For many, rebuilding their transmission is worth the initial cost. Rebuilding a transmission may cost you twenty-five hundred dollars or more, which is a significant chunk of change. Rebuilt transmissions typically come with warranties, ensuring that you'll get your money's worth out of the unit.
Can you fix a slipping transmission?
In the case of transmission slipping due to minor problems, such as low fluid levels, ineffective or burnt fluid, or a leak in the transmission, you may be able to fix the problem yourself. In this case, you will likely need to dismantle the transmission to resolve the issue.