Transmission trouble

[Rick]

I'm just joining the group, please forgive me if this subject has been
discussed recently.

I have 1986 740 GLE Wagon. I bought it with 203,000 miles (326,697 K) on it
from a local Volvo only dealer. It now has 233,000 mile (374,977 K), but I
just lost the Automatic Transmission. It was going fine and then just
stopped, engine racing when I was doing about 40 mph (64 K) and I coasted
to a stop. It gave no indication of trouble prior to the event. I thought
the fluild level was up but not absolutely sure.

One place said $2400 US for the rebuild my local said $1200 US.

Has anyone here ever done the Remove and Replace? I have a service manual
coming, but thought I would if it's extremely difficult to do? Maybe I can
save on some labor.

Thanks,

 

[L.A.]

I had it done by my local shop, not a volvo shop, just a corner shop. It
was $800 all said and done for a used one with 60K miles (or so they said).
Worked great.