Ok so I just bought this truck a couple of weeks ago for $400 bucks. Not gonna restore it to anything I just want to use it as a trail/mud truck. Anyway it sat for like 10 years so I did a tune up, replaced all vacuum lines replaced fuel pump, rebuilt the carb, and changed the oil. Fired right up and the engine is strong. It's the 350 btw.
So anyway I put it in gear with the tcase in neutral and d nothing happened other than making a bad grinding noise when I put it back into park. Then I put the tcase in 4 hi and it moves a little bit but take a lot of gas to get it going. After that I pulled it back in, heard the park grinding and shut the truck of. Right as I shut it off, the trans spewed about 2 quarts of fluid. (I thinks it's the TH350)
Any ideas what could be wrong? Is a rebuild something to look into? Do you think the torque converter is bad?