I agree it is very possibly the tailshaft bushing and seal. I had to replace mine at around 185K. They seem to go between 150-200K...
You didn't mention whether it is a manual or a slushbox. If it is an AW-70 (auto) read on..
However, I have another possibilty. A no-cost one! Check your tranny pan bolts before going after the seal/bushing. Slide under your car so you can access them. Check for looseness. Use a 10mm rachet or wrench. CAREFULLY tighten any loose bolts. Just snug them up. DO NOT OVERTIGHTEN! The torque value on them is very low - maybe 15lbs. or so. Cross tighten them. One side, then other, back and forth etc. so pan seals on the gasket evenly. The pan is aluminum which is why they back off eventually and explains the need to be careful tightening.
I had a unfound leak for a long time, I simply chalked it up to a leaking rear main seal in the engine since I have never replaced the rear main. Leak got worse this summer and then my tranny started slipping. Added fluid, researched the problem here on the BB, looked for leaks in various locations but tightening the bolts did the trick for me. No more leaks so far!!
Good luck,
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Jim 90 244DL 243K
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