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Hi, welcome to Just Answer. My name is ***** ***** I look forward to helping you! If it is shaking violently and you are finding rubber bits and getting odors, the issue is probably with the rear tub bearing and/or suspension related. Was the machine noisy the last time it worked fine without shaking badly?
I would agree, time to replace the machine. Repair will cost a lot and for that age of machine, it would not be a wise investment.