ooooh, that's gotta suck bro. I think a new tranny would be very costly. I'd go with a rebuilt one. I'd also check the local shops to see how much they charge to rebuild it before I go to BMW.

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2003 3.0i White/Black 5 speed Manual.
Options: PP, SP, DSP, NAV, XENON.
Mods: Aluminum Running Boards, 4.6 Body Kit, 20" Style 132 Wheels, Eisenmann Sport Exhaust with Oval tips, Aluminum pedals, Xenonmatch Fogs, M3 Steering Wheel.

Can I have a sip of that HATERADE you're chuggin?