Quote:
Originally Posted by kittenmueller
They said there were metal shavings in it. I am Sure they didnt take anything apart to determine that!
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They don't have to. All they have to do is drain the transmission fluid and pass it through a couple of coffee filters which, if there are metal shavings, the filters will catch them and they'll be visible. Ask them how they determined that there were metal shavings. If they say they pulled the transmission and opened it up, I'd be skeptical too, but if they say they drained and strained the fluid and found the metal shavings that way, they probably are telling the truth. If they are telling the truth, that means your Transmission is on its way to complete failure and would need to be rebuilt or replaced.
As far as your speed sensor theory, there's a chance that might work, but definitely no guarantee. I'm not sure where those sensors are, but if they're easy enough to access, I guess it's worth a shot before you go shelling out $4000 for a new transmission.
You're not alone with Chevy Equinox problems. I've seen a lot of posts about transmission and electrical problems on those... Good luck and try to avoid doing this:

trust me, head injuries suck!
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"Ok, systems check; the battery is discharging, the oil temperature is very high, the oil pressure is very low, the engine temperature is off the end of the scale, I'm running out of petrol... but the clock is correct!"
-James May, in an old, worn out Lamborghini purchased for less than £10,000.