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Tranny fluid is generally a rich or dark red color. If it is smelling burnt, then the fluid has gotten hot. Therefore the tranny has been worked and possibly overheated. If the fluid is still somewhat red in color, maybe slightly burnt, then change it now. If it is dark brown or black, then changing it is no guarantee to fix it. Some cars that have had dark or black fluid, had the fluid changed and they never moved again.

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Q: Why does your tranny fluid smell burnt?
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