naw i doubt it,its a reverse only thing,all forward gears work and shift smooth,i think its more like an internal leak losing fluid and not allowing enough hydraulic pressure to build up and allow it to fullly engage into reverse.

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enjoy life,take the coal that is handed to you and turn it into diamonds. { PHILLIPIANS 4:13}

as for the value of the car is somewhere around $10,0000.00 american dollars,so its def worth sinking money into,it only has 65,000 miles on it

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enjoy life,take the coal that is handed to you and turn it into diamonds. { PHILLIPIANS 4:13}

There are many threads on this forum regarding the dreaded reverse failure on these transmissions. Do a search.
I've had the same problem as you have now. - I changed to a low K tranny - something I now regret - I should have rebuilt.

mlozzi, recommend you check the book value of a 1989 300CE before sinking big money into repairs. While you may think it's worth $10,000 I seriously doubt that any buyer will pay anywhere close to that price.

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Fred Hoelzle

two years ago i paid 7k for one with 82k miles on it.... facelifted, lowered, near mint.

i don't think i overpaid or underpaid.

seven years ago i paid 4600 for one with 124k on it. Didn't think i underpaid or overpaid

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1989 300ce 129k
( facelifted front,updated tail lights, lowered suspension,bilstein sports, lorinser front spoiler, MOMO steering wheel, remus exhaust,stainless steel brake lines). (Gone)

1997 s320 154k (what a ride). Sold with 179k miles. Replaced with Hyundai Equus

1994 e320 Cabriolet 108k



1972 280se 4.5 153k Owned for 12 yrs, sorry I sold it


[/SIGPIC]

for your information i didnt say i was selling the car,im just quoting what the nada classic car value says,so yes its worth sinking money into,your comment was childish and not warrranted.

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enjoy life,take the coal that is handed to you and turn it into diamonds. { PHILLIPIANS 4:13}