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hi don,
thanks for all that info! it'll help me out quite a lot. i took it to a repair facility here in nyc and they said the codes indicated an intermittent open circuit for one of the shift solenoids (they couldn't say which one) as well as a defective programmer. i'm not sure what he meant by the 'programmer' - looking it up now - but i understand the issue with the shift solenoid.
also, i have to confess that i totally misread the transmission fluid level. the first time i checked it i did it with the engine running, which was correct. the second time, i had the engine off. so naturally, the level would be higher. brain fade...
re the oil light
it didn't stay on when the engine was not running. (it's not on now at all)
i did get to look under the car on a lift and the oil is coming from where the engine and transaxle mate so it looks to be the rear main seal.
the shop recommeded a remanufactured transaxle ($1800 from volvo) since the fluid smelled kind of burnt so there's the possibility that there's been some damage internally. the total including a new torque converter, rear seal, and 8 hours of labor came to $2750. i'm debating what to do. i really like the car, but am not sure if i want to put this kind of money into it when it already has 161000 miles on it.
since the mechanic cleared the fault codes the arrow is no longer blinking. i'm wondering how serious this is right now. i know a flush is at least in order. i'm wondering if it makes sense to just flush it out, add new fluid and see what happens with it. either way, the transaxle has to come down to replace the rear seal.
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