Texas TransAm

I tried searching but nothing fit my problem. Maybe I'm just searching wrong...anyway. I left Lowe's and start down the feeder. At about 25 or 30 mph I get on it to get around a few cars and get on the freeway. The tranny downshifts and then I get a bang/pop metallic sound. The revs then go really high. So I slow down and ease over to a side street where I stop. I try taking off and the car won't shift out of first and there is no reverse.

I know the tranny is now probably toast but just need some ideas. I'm gonna call my warranty service tomorrow and have it towed in.

BLUE99T/A

iTrader: (2)

Mine did the same exact thing a month after I bought it (60000mi). It was under warranty so they put a new (remanu.) tranny in.