Have a 1993 1/2 ton Chevy 2wd and the transmission is on its way out the door for a long, permanent vacation. I've done some research and have gathered some prices for the various options and here's what I've come up with from cheapest to most expensive. 1.) Gather salvaged, used transmission for $350-$450 and replace transmission with plan to sell truck and upgrade next fall/winter. Pro: Cheapest, easiest quick fix. Con: No guarantee that new to me transmission won't want vacation half way through the summer. 2.) Purchase rebuilt transmission slightly upgraded and heavy duty converter to handle the little bit of towing I do. $1000 to $1500 and plan on keeping the truck for the next 2 to 3 years to get use out of it. Will also have to put about another $500 into the truck to get 3-ish years out of it Pro: Won't have transmission problems. Probably the most bang for the buck. Con: This is a reg cab truck. We have a new baby on the way due in march so with three kids and a wife we can't all fit in it. Granted. The two three year olds and the wife and I can't fit in it now so what's one more kiddo left behind? Other Con is this after all is a 2wd half ton truck. Upgrading the transmission only leaves other things to go wrong as my business grows and the load I pull around gets heavier. 3.) Get what money I can get out of the truck and trade it in on a crew cab half ton truck in the $12,000 to $15,000 range. Pro: Less chance of major mechanical failure in the next 4 to 5 years when I can go full time and upgrade to a 3/4 ton truck. Con: Most expensive, would have to give up 4x4 to get the crew cab in my price range. Would then become the family vehicle leaving us with a less than wonderful 2001 VW Beetle as the other car. I don't have a lot of faith in that vehicle as I've only been around it for about 6 months and it has weird things about it (door wiring, random check engine lights no one can get figured out, etc.) My wife and I's original plan was to get a larger family vehicle with the Beetle for a trade in and I use the truck for the next year or two until my business can pay for an upgrade. But now with this...I don't know with a salvage transmission if I want to trust the truck to last until my business can upgrade. I'm leaning towards new/rebuilt transmission and holding onto the truck for the next 3 to 4 years and still use the beetle as a trade in. Unfortunately money for the new transmission would have to come out of down payment money for the family vehicle. Safest bet would probably be the newer truck. I just don't like the idea of having to leave the truck with the wife to be able to move the kids around and then have to change out so I can mow after my day job. What do you think?