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You have a blown head gasket. Fix it quick. answer blown head gasket might be the right call, but i would do some additional checks to be certain. for example, is there coolant in your oil? check the dip stick to see if the color of the oil is okay or does it look like creamy coffee? a blown head gasket usually leads to water in the oil. during a recent oil change i noticed coolant dripping off my oil pan. after a quick pressure test of the cooling system it was determined that the leak was actually coming from the waterpump. point is, while it could very well be a head gasket, it could also be something much simpler as well. NEW ANSWER: There are 2 freeze plugs in the back of the engine block where the fly-wheel is, They are probley leaking coolant if coolant is coming out of the bell housing. NEUTZ.

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Q: How could antifreeze be leaking out the bell housing for the transmission?
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