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Looking for used transmissions under $500? With proper research and caution, you can find a reliable transmission that delivers solid performance while staying within budget. These used units often come from vehicles that were scrapped for reasons unrelated to transmission failure, meaning the gearbox may still have thousands of miles left. What matters is verifying mileage (ideally under 100-120k), ensuring the transmission fluid looks clean (no burnt smell or dark color), and checking external condition like seals and housing for cracks or leaks. Buying used transmissions under $500 can save you a large chunk compared to new or remanufactured units, especially if you match make, model, and build year carefully. Affordable doesn’t have to mean unreliable. Used transmissions under $500 offer a budget solution for vehicles whose value doesn’t justify paying thousands for a remanufactured or factory-new unit. Many salvage yards, auto recyclers, and online used parts marketplaces will list transmissions at or below this price point. When shopping, ensure the unit you choose is compatible with your vehicle’s VIN or transmission code, inspect for signs of wear or damage, and ask about any warranty (even a short 30- or 60-day guarantee adds peace of mind). For many car-owners, a used transmission under $500 is a smart method of getting back on the road without overspending.