Transmission Bearing Gone Bad
This is my first time posting here. I've had my little Patriot for a few years now, and I've had some good "off-roading" experiences with it, but it's giving me it's first problem.
My mechanic told me that a bearing is bad in my transmission. (This is a trusted mechanic that my family has used for years). The car started making a grinding/whirring noise on Sunday. It sounds like it's going to be an expensive fix, and I'd really not spend the money right now, so my questions is:
Will the bad bearing cause any further damage or additional problems if I let it stay like that for the time being?
Will I be robbed of much gas mileage and/or power?
I think the mechanic said it could be $2-3,000 for a new transmission, but he didn't say what it would cost to just replace a bearing.
Any help is greatly appreciated!
Thanks in advance,