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740 Kickdown cable 700

Ok, I'm trying my hardest to figure out whether my next course of action should be to replace the kickdown cable or just find a tranny from a junk yard (this is my bad-weather winter car).

Long story short, after a rear tailshaft seal failure that ended up with tranny fluid being spewed over the highway and my 1990 Volvo 740 GLE being towed home, I replaced the tailshaft seal. The new seal works great, but now my car won't "shift itself" out of first when the car is in any form of forward drive (D, D2, etc). Most people tell me the kickdown cable is the problem.

So, I'm trying to figure out if my cable is out of adjustment, if it needs to be replaced, or if my tranny is toast (there IS 230K on the car). Assuming that I have been playing with the right cable (the bottom-most one in the below pic), the cable appears to be attached at both ends. I can pull on the cable, get a couple inches of slack, and if I let it go, it slides itself back into the tube connected to the firewall.

Following the FAQ on brickboard.com, I attempted to adjust the cable:

"Adjustment of Cable. The kickdown cable has no adjustment at the transmission end, it's fixed. All the adjustment is under the hood, at the throttle spindle. To adjust, loosen the cable housing jam nuts until there's plenty of slack in the cable. Pull on the cable, then let it snap back in. Listen carefully, and you'll hear the cam that the cable is attached to in the automatic transmission click up against its stop. Try this a few times, so you'll know the sound. Now adjust slack out of the cable, keep testing by pulling and letting go of the cable, always listening for the click inside the transmission. As you take more and more slack out, there will be a point where you've tightened the cable just enough so the cam inside the transmission can no longer click up against the stop, because the tightened cable won't let the cam go back far enough. When you reach this point where you just stop hearing the cam click against its stop, the cable is adjusted properly."

Even though when I let go of the cable it does pull itself back, I wouldn't call it a "snap". In any case, I've tried tightening and loosening the cable; neither has any effect. What should be my next step?







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