Tow it to a trustworthy trannie shop.
Give them $2000 or so.
and drive away and go another 50K or so before it blows again.

Bob

It's worth fixing assuming the engine is still in good shape. Don't go
to AAMCO ,a dealership or a junk yard. Plan to spend $1,800 to $2,200
for getiing it rebuilt by a good shop and make sure they guarantee it
for at least 12K or 12 months. My experience has been 97K on a Caravan
and 136K on the Voyager I have now before the trans blew up.
How long did yours last?

It's worth fixing assuming the engine is still in good shape. Don't go
to AAMCO ,a dealership or a junk yard. Plan to spend $1,800 to $2,200
for getiing it rebuilt by a good shop and make sure they guarantee it
for at least 12K or 12 months. My experience has been 97K on a Caravan
and 136K on the Voyager I have now before the trans blew up.
How long did yours last?

Hi Ed,

Just wondering, did you see signs that the fluid blew out of the case
vent or the dipstick tube?  Otherwise, do you know why the ATF level
was low?

One other thought,  I assume since it's a GRAND Voyager that it comes
with a 4 speed, but I don't know if it is the more problematic 41TE or
if it is a Mitsu trans.  I don't see much of the domestics in
person....  Other than those possibilities, do you have the 3 speed?
That used to be the only trans that came on the 3.0 pre '96 IIRC.  They
were pretty stout unless the cooler hose(s) got misrouted or cut.  That
would cause smoking, poor shifting, and ultimate demise like you
described.

Toyota MDT in MO

My initial simplifying assumption is  that if whatever let the fluid
out did not itself zorch the transmission, driving it unawares  until
smoke came out and the car would no longer go probably did the trick.
(I've had cars where "smoke comes out" is a sign of normal operation --
haven't we all! -- but "won't go" is a dismaying addition.)

Is the car otherwise in good shape, and a pleasing and problem-solving
thing in your life; or were you looking for an excuse anyway to send it
into the trickle-down economy?

If it *is* in good shape, for sure get it fixed.  For one thing, you
can buy some sizable repairs for the cost of a new car.  For another,
its sale value is down in the flea market range if it has such a
test-drive-preventing, wonder-what-else-is-wrong-with-it problem; you'd
be either sticking a junkyard transaxle in there and hoping for the
best, or turning it loose at some three-figure price to someone who can
fix it.  

Best of luck,
--Joe