NO. You can't compare a "cheapie" out of an old Buick to a new, rebuilt transmission. If you could, it would cost #1000 too. The $1000 unit I priced was rebuilt for up to 450 HP. I have a 700-R4 in my '93 Vette, which was rated at 300HP, and it's lasted 110,000 miles.

You can get lockup wiring for it. Also, the TV cable and linkage is very important. Improper TV adjustment will kill a 700-R4 in short order.

They're very reliable, solid transmissions if installed correctly, and have proper cooling.