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yes it is a great chance that the transmission is failing!! will need a reman transmission!!
flushing the transmission will be a wast of time because of the floating clutch material in the fluid right now will be out and may even cause the transmission be worse than before
on these transmissions once they start to slip and then chatter they are done
recommend factory reman unit due to the modifications and advancements in the transmission to make it last longer
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