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Have you had a qualified service man look at your machine? I would think that the burned rubber smell would direct you to examine the belt (found in the very bottom after removal of front cover).
If it is the belt it is a very easy fix on this machine. The not draining part wouldn't be related to the belt the pump that does the draining is driven by its own electric motor and is easily visible when the front cover is off. Its located on the bottom left side. If a sock or other small item manages to get over the side of the basket it always ends up jamming the pump.
You would have to take the pump apart to retrieve the item and restore pump function
Changing the belt is not a big job, but you will have to lie on your stomach for a while. You will need to loosen the bolts which hold whatever is used to tension the belt - the pump, the motor, etc.--- it should be apparent when you look at the entire setup. "Buy a new washer" sounds like a Sears solution.
You said, My GE
washer is leaking a tan colored oil underneath the unit. I suspect it's
the gear case leaking. How difficult is it to replace the gasket or
seal. I like to fix things and have tools. If the gear oil is leaking this usually means the transmission is shot and on it's way out. It is not cost efficient to have it replaced. 99.9 % of the time you throw it out and buy a new washer. For the cost of the Transmission and the labor. you can buy a new washer. How old is the washer ?
Here is an interesting report I just read!!!!!!!!!!
Repair or replace?
When to pull the plug on your old washer
Typically, you'll also find a troubleshooting section for more-serious problems in the owner's manual.
Should you pay for a repair or buy a new model? The answer depends mostly on the age of your washer, how much you bought it for,and the cost of the repair.
Follow these guidelines:
When a repair makes sense.
If your washer is under warranty or less than four years old , paying for a repair makes sense. Note that washers under warranty might require service from a factory-authorized technician; readers have found them on a par with independent repairers.
When a repair might be a wise choice.
If your washer is out of warranty and is four to seven years old, it might make sense to pay for a repair. Customers generally pay $100 to $200 for a repair. But you might want to buy a new model even at this stage, given that today's models have added features. Higher energy efficiency is another plus: Energy Star-qualified models made after April 28, 2008, are 43 percent more efficient than conventional models built before 2001 and 56 percent more efficient than those built before 1993.
When it pays to replace.
The repair costs more than half the price of a comparable new washer. Data also shows that it doesn't pay to fix a less-expensive washer eight or more years old.
Thanks to better recycling programs, less than 10 percent of washers you replace are likely to end up in a landfill.
Thanks for giving me the opportunity to help!
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Check the belt and replace it, Ithas either borken or has become loose. You can remove the back cover and get to the belt. Remove it or if it is broken just take it into a local hardware store and buy a new belt. Looking at about 10 dollars max to buy
do not buy another machine, it can be repair . maybe the noise problem of your machine is the v-belt inside of it! or maybe the lack of lubrication. replace v-belt or lubricate the bearings and bushing.