Maybe the magnet did it's job, why else would it be magnetic? How many miles in 9 years to collect that stuff? It may be normal.
Replacing the switch is not a common repair.
Considering the age, etc. I would do a fluid exchange (gentle flush) to be safe, but not at a shop hoping to replace the tranny.
Replacing the switch is not a common repair.
Considering the age, etc. I would do a fluid exchange (gentle flush) to be safe, but not at a shop hoping to replace the tranny.