1994 Mustang automatic Transmission problem
So from last post in Novemeber 2007, i got my engine rebuilt. Now about month after, my transmission is starting to act up. Im not big on car knowledge so i will try to explain my problem. The car now has 177,500 miles on it. The first thing i noticed was, about 2 weeks ago, when trying to put my car in reverse or in drive, on a could start without letting it warm up, the car would not move. The engine reved up but not the car. After letting it warm up it worked fine. Now, for about a week and a half, im noticing when on the driving on the streets the car feels like its coasting, not going into drive, but feels like its in 2nd or 3rd gear, even when im pressing on the gas, there is no pickup. Then eventually i will feel a heavy jerk, and it runs in the normal drive position, until i hit the breaks, and then the samething starts over again. WHen im on the freeway, when on the on ramp, trying to merge it coast, with pressing the gas, then jerks, and goes to normal. As long as i stay above around 40, it runs fine, and i can speed up with no problems.
Whats the problem? I have read, that it could be my torque converter. i have a qoute of about $1200.00 to rebuild. I really dont want to pay that much after spending $1500.00 on a engine ovehaul. I found online another 5.0 owner selling his 89 5.0 auto tranny with 5k on it for $300.00. Will a 89 auto tranny fit a 94, and Is this a great deal, or should i just have my tranny rebuild? Also what should i look for when checking out his tranny? Someone told me to make sure it comes with the torque converter. anything els?