* Type of Transmission: Is it a rebuild or a replacement? A remanufactured transmission is typically cheaper than a brand new one. A used transmission is the cheapest option, but carries the most risk.
* Where you get it: A dealership will charge significantly more than an independent transmission shop or a parts store that installs.
* Labor costs: Labor costs vary widely by location (geographic region and even the specific shop). A more specialized shop might charge more than a general mechanic.
* Additional repairs: Often, a failing transmission indicates other potential problems that might need addressing during the installation process. These could dramatically increase the overall cost.
* Specific transmission model: The 1995 Lincoln Town Car had several transmission options, and the cost might vary between them.
Rough Estimate:
Expect to pay anywhere from $1,500 to $4,000 or more for a replacement transmission including parts and labor. The lower end might be achievable with a used transmission and a mechanic who charges less, while the higher end represents a new or remanufactured transmission with installation at a higher-cost shop, potentially including additional repairs.
Recommendation: Get multiple quotes from different reputable transmission shops and mechanics in your area before making a decision. Ask specifically about the type of transmission they'll be using (remanufactured, used, new) and what the labor costs will be. This will help you make the most informed decision based on your budget and needs.
