That is pretty much correct. Mostly likely both your high clutch and brake band are shot. Good news is that's the typical failure on these transmission when they are worn out so it should be a straight rebuild with no need for hard parts. I'm sure your brake drum is scored but they can usually be resurfaced.
Quote:
Originally Posted by redlightningsvx
thanks for all the replys. So it is narrowed down to a brake band adjustment or a high clutch is shot
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