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I did this recently for my 1995 940 w/ 179,500 (now 180,300) miles. The 3/8 diameter hose from a hardware store fits nicely over a slightly warm trans fluid return line nipple. I wouldn't drop the cash at IPD unless you really feel like having a nice hose and want to support them. The hardware hose only costs a few cents a foot. I picked up 6 feet which was about 2 feet too many.
The only real issue I ran into was that the fluid pumps out A LOT faster than the FAQ leads you to belive. You can't possibly get the fluid to flow down that narrow dipstick tube as fast as it comes out the return line drain hose. I had to shut the car down several times to let the fill rate catch up to the drain rate.
I didn't do it quite the way the FAQ suggests (I didn't drain the tranny pan first - no jacks or drain pan) So this may have had something to do with the flow rate. Maybe not. I didn't seem to damage anything. It's been fine since the flush
Just be aware that you might not save all that money by doing this yourself.
The local midas will flush my tranny for $69.00. I spent about $40.00 on the fluid and I used a cheaper Valvoline ATF. You'll drop at least 50.00 on the Mobil-1. For me it was still a noticable savings, but considering the fluid disposal and time involved, paying a lube place to do this for you might be more cost-effective if your time is limited/more valuable. It'll also put the onus on them if something bad happens.
P.S. I added a 5/16" magnifine filter to my tranny return line as a post-flush maintenance upgrade. It's recommended by a lot of sources (e.g. IPD) and was a pretty inexpensive item ($20.00 on eBay from Pat Hannon - a great seller and volvo driver). I also aded one to my Power Steering System.
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