The car has difficulty accelerating and while the engine rev's I can not get it above 35-45 mph.
SOURCE: when accelerating past 2000rpms, the car slowly
Sounds like your transmission is slipping. In most cases this can be fixed inexpensively at an AAmco Transmission repair dealer. All you probably need is an adjustment. If ANYONE says you need a new transmission get a 2nd opinion.
SOURCE: Oldsmobile loses power while accelerating
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