Help!!!! My 1982 Olds Regancy has an issue

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Very good points! Seems like all the H's suffer from tranny problems - I bought a mint '90 Olds 98 with 62k, always dealer serviced, 3 yrs ago for my daughter, great ride and luxury, but the tranny started slipping at 70k. The rwd's are bulletproof - we had a '77 LeSabre, '77 Olds 88, '78 Electras - all went 200k+ wit no problems. Now we have a REALLY rare rwd - a 1980 Dodge St. Regis with 56K old lady miles - that 318 can't be beat! Like old appliances, they don't build cars like they used to!!
 
It's sad that GM just forgot how to make really reliable automatic transmissions by the '80s. I remember in the late '80s, when many people were spending lots of money replacing late model GM transmissions (and many swore they would never buy another GM car after that), a good friend lucked into a very nice '66 Toronado. It had about 100,000 one family miles and had been well maintained, but was over 20 years old even then. One evening five guys went to dinner in the Toro, with none of us being little guys. On the way back my friend nailed it coming off a freeway transition ramp. There was no traffic and that tranny snapped into second at about 55 then held it until well over 90 - I was watching the speedo - and then made a crisp, no slip shift into third at close to 100 mph. That Olds 425 Rocket V8 really put out a lot of torque too! My friend later calculated it was pulling well over 5000 pounds of car and people. An impressive performance for an old car, and one that really reminded me of how GM was forgetting the innovation and reliability of its best years.
 
I love My Olds AKA Queen Elisabeth

The ride in her cannot be matched, not to mention the respect i get while driving down the road, these people in these modern ricers think twice before pulling out in front of a 4000 LB Oldsmobile, i just love the look on their faces when they try to pull out and notice it is a tank barreling down the road at 50 MPH. I was on my way to Chattanooga last night in her with 5 other friends, i set the cruise at 75 MPH and she glided down I 75 with ease, and i must say that the TN Vally is very hilly especially the Cleveland Chattanooga portion, she climbed the hills on the Interstate like no one's business, that 307 is a great engine and has plenty of power and torque.
It is great to see people stare at Her Majesty as she cruises down the main strip in town, not to mention the looks i get on the freeway.
GM C body cars were THE cars to own back in the late 70's early 80's, great for traveling and a night out on the town.
 
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