Transmission HELP 4.6is

[smwmustang]

So I finally got the X back after 4 months of engine work due to the shop nightmare and all was good....

Until...

The day after I got the car back and it was running as good as new or even better....I got the TRANS FAIL SAFE warning while in my neighborhood. So I limped it home and parked it.

It did reset enough for me to get it to the dealership as the transmission only has 35,000 miles on it. It was replaced in August of 2010 with 145,000 miles on it and now just hit 180,000. Of course the two year warranty is out but with only 35,000 miles I wanted the dealer to look at it first. The first transmission made it 145,000 miles so this one should last more than 35,000.

So the dealer calls me yesterday and says it is pulling all kinds of slippage codes and that BMW will not let them repair or rebuild the transmissions and that they can only replace it.

Seems odd to me but he was letting me know it could probably be repaired but he could not do it. Based on the fact it is an 02 and I just put $2500 in it I know the new transmission will cost more than the dang thing is almost worth.

I need some advice and I know the codes would help, but I know I have read enough on this site that these are repaired all the time.

Anyone's thoughts?

Car has the following:

New Heads
New Lifters
New Plugs
New Coil Packs
New Timing Chains
New Gaskets
New Fuel Pump
New Read Air Bags
New Rear Brakes
New Overflow Tank

I guess I can sell it as it but I owe some on it and put money into it because I was going to keep it. Guess I could just get what I owe and walk away if I have to as I know somoene can fix it. Car is way too nice to not get fixed.

Thanks,

Shawn