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Driving in 3rd gear instead of fourth will not affect your transmission as much as your engine. In fact, if you are driving in a manner that causes a lot of shifting between 3rd and 4th, it may be easier on the transmission to leave it in 3rd. If your transmission needs fixed, I don't think it would be from leaving it in 3rd gear. As far as cost, it will vary greatly depending on what needs done and what type of car you have.

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Q: How much would it cost to fix your transmission if you are running on 3 speed instead of 4 on a highway which causes your rpm too be high?
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