An 88 740 does not have a crank sensor at all. You can use a trans from ANY year automatic, assuming it's the Aisin-Warner AW70 and not the ZF model 22. If your shifter says "PRND2L" and you have an overdrive switch on the side, it's the AW, you can use any 87+ trans from a 700 or 900.
The ZF has no switch, and says "PRND321" on the shifter. A bit harder trans to find.
You can use a 240 transmission as well, any 86-93 auto is an AW70. Earlier ones are not the same as they have a speedo cable hole you don't want.
Check your VIN plate- make SURE you have a 1988, not an early 1989. Production date needs to be before August of 1988. Your VIN should have a "J" in the 10th digit. A "K" is a 1989 and DOES require the crank sensor style flywheel.
Your VIN should be something like : YV1FX8845J1234567 If it's K, it's an 89.
Good luck with it! COnsider replacing the tailshaft bushing and seal while it's out, as well as the engine rear main seal.
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Rob Bareiss, New London CT ::: '87 244DL/M47- 230K, 88 744GLE- 220K, 82 245T-181K Also responsible for the care and feeding of: 88 745GLE, 231K, 87 244DL, 239K, 94 855GLT 189K
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