When your transmission starts giving you trouble, the first question you may ask yourself is whether repairing or replacing the unit would be less expensive. Considering how crucial the transmission is to a car’s functioning, you must choose wisely.
Repairs: If the issue with the transmission is minor, it will likely be less expensive to repair it. Costs range from around $300 to $600 for minor repairs like fluid changes, solenoid adjustments, sensor replacements, or sealing small leaks.
More extensive damage, on the other hand, can get expensive quickly. A full transmission repair or rebuild could cost anywhere from $1,800 to $3,500, depending on the exact problem.
The initial cost of repairs is often less expensive than replacements and has a faster turnaround, but if your transmission is old or worn, the repair costs can pile up quickly as parts continue to break.
Replacements: Transmission replacements are significantly more expensive. On average, a new transmission can cost between $4,000 and $8,000 after parts and labor. A less expensive option could be a used or refurbished transmission, but those come with their own risks.
Replacing your transmission is a long-term solution, great for older or high-mileage vehicles–plus, you will likely get a new warranty. While the initial cost is significantly higher and your car will spend more time in the shop, a new transmission can prolong your car’s life and save you from future expenses.
Talk to an Expert: Knowing which option is best for you and your car is difficult without an expert opinion.
Depending on your car’s condition and your budget, the cost of transmission replacement versus repair may not be clear-cut. Repair is almost certainly the less expensive option for newer cars and minor issues, but as your car ages, repairs can pile up.
Courtesy of absolutecarcare
