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xc70 question V70-XC70 2001

2001 xc70 with what appears to be a busted tranny 123k miles....says you can drive it but when the fluid heats up it no longer rolls...I have priced a used tranny at 700 bucks but is there a chance this one can be fixed or rebuilt any cheaper? Just wondering if this is a symptom of something other than a toasted tranny... I am actually going in the direction of replacing the tranny on the factored costs but just thought I would ask before I bid. I am looking at it for my daughter to drive this winter.

Thanks!






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