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The fact that you are driving this transmission right now is testimony to the quality standards that Volvo requires of their parts. If this had been an American made vehicle, I would suspect that you'd be grinding and chewing clutch material right now and going nowhere in a hurry. I would grab up a spare transmission as quickly as possible, and avoid taking the car any farther than you're willing to tow it back. You are driving on borrowed time... (read a previous post for more info)
Automatic transmissions are cheap if you can shop around, and the AW70/71 is a very durable transmission (make sure you also get the Torque Converter). I'm in the process of changing a few seals and check balls in an AW70L from an '89 740 before I put it in my '87 240. The lockup will give a nice 2-5 mpg better fuel economy and it's a direct swap. Lockup trannys (AW70L) can be found in most '89 and newer 740 non-turbo sedans and wagons, and I believe the '93 240s also had the AW70L. FYI, the Torque converters that come with the AW70L have an internal clutch that is actuated by the transmission, and thus they are not compatible with the standard AW70. If swapping in a Lockup tranny, you must swap the torque converter too.
There's a lot of preventative maintance work that you can do to the transmission before you install it. Read the following post for details:
http://www.brickboard.com/RWD/index.htm?id=757313
God bless,
Fitz Fitzgerald.
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'87 Blue 245, NA 232K
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