Should we assume no diagnostic codes (check engine A1) came up for the trans? The codes that can become set cover many of the more readily repairable incidences. You might have already changed the fluid, but was the old fluid burnt? And does the transmission slip all the time or only sometimes, like when very warm or very cold? All of this is just to help sort out things short of an unrepairable gearbox. If it was my car and I was not going to work on it myself I would definitely follow the others' advice to get a new opinion.

You are talking about automatic transmission?

Now that the ETMs are covered, the newer ones are OK.
Check out Eire volvo for used trannys, it must be a 93. Should be about $300 + shipping. Just make sure they tested it and give you at least 90 day warrantee.

Klaus
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(V♂LV♂s 1975 164, 1995 854T, 1998 V70R)

Had the tranny go last year on my 93 at 289k miles.

For me worth the replacement, $1300 a little less then yours.

My logic -

1 - A replacement would probably cost much more then that and I've had it long enough to know rest of the car in good shape. Even a great deal used car would probably need that much to get up to par.

2 - Just spent $800 for 'consumables' tires, brakes, tune up, etc

3 - I like the car

4 - Darn thing gets 29 MPG, better then my '86 Chevy Nova and a lot safer.

Of course something to be said for getting a 2002. Tranny failing good excuse if that's what you really want to do. Doubt you'll get the money back on trade in or resale. The '93 may have a Kelly Blue Book value but in practice I don't thing much demand.

So really depends on what in your heart you want.

114K seems a bit early for this unless it was abused. Who told you it is going out anyway? The dealer? Of course, they want you to replace it and spend your money with them. If I were you, I would at least try fulshing it with new ATF and see if it makes a difference...and get a second opinion from an independent mechanic, even if the person who told you your tranny is dying is one. BTW, many people would be willing to pay $1500 to have a new one put in if the rest of the car checks out. Therefore, don't junk it...at the very least, try to sell it to someone who's up for the repair.
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1998 S70 T5 Emarald Green Metallic, 2004 V70 2.5T Ruby Red, Previous Owner of Black '94 850 Turbo Wagon. My cars have been running so well lately they've got me worried.