Dodge Repair: Transmission, torque converter clutch, dodge ram 1500

Question
I have a 2001 Dodge Ram 1500, 5.2L, V8, 4x4. Engine light came on, so I took it to an auto shop. They said the code came up P1740. They told me to take it to a transmission shop. I took it to aamco and they told me it needs to be rebuilt. The fluids are sill red in color. I did notice the rpm's were going up. Could this be something else or is it the transmission? They said it would cost $1600-$2200. Do they just want my money or should I get a 2nd opinion?

Answer
Symptom:
P1740-TCC O/D SOL PERFORMANCE
When Monitored and Set Condition:
P1740-TCC O/D SOL PERFORMANCE
When Monitored: The Torque Convertor Clutch (TCC) and Overdrive Clutch (O/D) will be
tested each time the PCM requests TCC engagement in 3rd gear and O/D.
Set Condition: The code will set if the expected RPM drop is not achieved while
attempting to engage TCC or O/D. This indicates a malfunctioning torque convertor or
overdrive clutch.
POSSIBLE CAUSES
CAMSHAFT DTC PRESENT
ENGINE RPM DTC PRESENT
FUEL LEVEL LOW
MISFIRE DTC PRESENT
OUTPUT SPEED DTC PRESENT
P1765 DTC PRESENT
PARK/NEUTRAL DTC PRESENT
PTO ENGAGED (IF EQUIPPED)
TORQUE CONVERTER CLUTCH DTC PRESENT
TPS DTC PRESENT
TRANSFER CASE IN LOW RANGE (IF EQUIPPED)
TRANSMISSION RELAY DTC PRESENT
TRANSMISSION TEMPERATURE TOO COLD
INTERMITTENT
CHECK TRANSMISSION FLUID-DEBRIS
CHECK TRANSMISSION FLUID-STALL
3-4 SHIFT SOLENOID
OIL PAN CONTAINS EXCESSIVE DEBRIS
SHAFT OR SEAL DAMAGE
TCC SOLENOID
TORQUE CONVERTER



9 times out of 10 need a new converter.  not a new tranny.