Start by checking the "Possible Causes" listed above. Visually inspect the related wiring harness and connectors. Check for damaged components and look for broken, bent, pushed out, or corroded connector's pins.
Start by inspecting the transmission fluid level and condition, and change fluid if necessary.
The cost to diagnose the P0734 Toyota code is 1.0 hour of labor. The auto repair's diagnosis time and labor rates vary by location, vehicle's make and model, and even your engine type. Most auto repair shops charge between $75 and $150 per hour.
P0734 is detected when A/T cannot be shifted to the 4th gear position even if electrical circuit is good.
This diagnosis monitors actual gear position by checking the torque converter slip ratio calculated by Transmission Control Module (TCM) as follows:
Torque converter slip ratio = A x C/B
A: Output shaft revolution signal from revolution sensor
B: Engine speed signal from Engine Control Module (ECM)
C: Gear ratio determined as gear position which TCM supposes
If the actual gear position is higher than the position (4th) supposed by TCM, the slip ratio will be more than normal. In case the ratio exceeds the specified value, TCM judges this diagnosis malfunction.
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