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The 700R4 is a four speed automatic used in cars and trucks
starting in the mid 80s. The 700R4 has a low first gear and an
overdrive 4th gear which makes it a great transmission for a Jeep that
sees a combination of trail and street driving. The downside to the
transmission is it is long.
The 700R4 does have a bad reputation for failure because the early
ones did not have the best design. Around 1987, the design was
improved and 700R4 were much more reliable. It would be a good idea to
avoid earlier 700R4s.
The 700R4 has been used in GM cars and trucks since the mid 80s.
The following articles cover some things to look for to find the 700R4
you need.
GM 700R4: Chevy used the 700R4 since the mid 80s.