It's official trans shot..here's my options.. what to do?

[4.0exsport]

Pulled the pan last night,it's full of gray "sand"(metal)(just changed the fluid & cleaned pan out 1 1/2 month's ago for regular maintenance) here's my options,what would you do?
1)rebuild it myself,cost unknown,labor free(but have never rebuilt an electronic trans before,have built torqueflites for both my race cars,c-6's,aod's behind supercharged mustangs,all w/h great results)but no guarantee & down for 2 to 3 weeks minimum

2)local reputable trans shop wants $1500 for rebuild & dacco reman trq conv.labor incl. 12month,12,000 mile warranty,in on Thurs.morning out next day

3)buy Ford reman t.c.& trans $1848 my cost,labor free(me),24 month,24,000 miles warranty,down 1-1 1/2 weeks

this is my wifes daily driver,she has borrowed my dad's mustang for now.The "exploder"is a'97 model w/h 4wd & 94,116 miles on it. I'm leaning towards the trans shop but just thought I'd see what you guys thought.Scott

 

[TPLYNCH]

IMHO, #2

 

[JDraper]

#2

 

[4.0exsport]

Tom,thanks for the reply! I'm pretty sure that's what I'll do but just wanted some other opinions. Anybody else?

 

[01EB5.0]

Definatly do the ford transmission....don;t go to a trans shop it will just die again. Ford even has double the warentree.

 

[01EB5.0]

Better yet get a Jasper trans with a 3 year 36,000 warentee....

 

[espnfreak]

Just go to the Ford Dealer

 

[jonny 5]

Ford Dealer

 

[Alec]

Mine just took a dump and I'm having my local mechanic do it. He's gonna use better parts than Ford, cost half, and take half the time.

 

[addkev]

Mine just took a dump and I'm having my local mechanic do it.

When did yours go out? I was reading a post just the other day where you said you felt it was going but thought you had a year or two left. I fear that the tranny is definiately the weak link in my rig. Ever since I put my 31's on, I am so afraid of it going.