Hi, I am considering on looking at a car it is a 87 trans am 5.0 auto. The owner said the the car won't shift out of 2nd, any chance it could be something minor or is it going to be a rebuild. The car kinda far away, and don't want to waste my time if it is for sure a rebuild.
Thanks

 

common problem on the 700r/4l's

it must be rebuilt including a new or rebuilt tc

if you aren't doing the labor of removing/reinstalling the tranny yourself, budget $1600-$2,000 and the seller knows that. View the vehicle as a roller with an engine but no tranny and price it accordingly. Since it's an 87, that would be anywhere from $300-$500 sale price.

when I bought my 89 14 months ago it ran and shifted, had 4 new tires and new brakes and i paid $500. I then rebuilt/restored the vehicle so i would have considered a bad tranny when buying.

 

That is what I was figuring wanted to get a second opinion. I will throw something at them, and see what flys.
Thanks for the reply