This is very common on Matrix/Corollas and is repairable by way of
replacement PCM to correct invalid parameters. the labor is low but the
part is very expensive.
Expect approximately $89 or less in labor, and $648 for the new PCM
Reference bulletin #TC015-07
The contents are below:
TRANSMISSION & CLUTCH
TC015-07
Title:
HARSH SHIFT AND M.I.L. "ON"
DTC P2716
Models:
'05 - '07 Corolla & Matrix (1ZZ-FE)
September 20, 2007
Introduction
Some 2005 - 2007 model year Corolla and Matrix vehicles equipped with
an automatic transaxle may exhibit a harsh shift condition and a M.l.L.
ON" with DTC P2716 stored.
Improvements have been made to the Engine Control Module (ECM) (SAE term:
Powertrain Control Module/PCM) to reduce the possibility of this condition occurring.
Applicable Vehicles
^
2005 - 2007 model year Corolla and Matrix (2WD) vehicles equipped with the 1ZZ-FE engine.
Warranty Information
Applicable Warranty*:
This repair is covered under the Toyota Federal Emissions Warranty.
This warranty is in effect for 96 months or 80,000 miles, whichever
occurs first, from the vehicle's in-service date.
My 2005 matrix with 95000 miles check engine light just turned on. My car was shifting hard in first gear and when I put the car into reverse. I brought the car down to the local parts store put it on the scan tool for free . Turned out it had P2716 error code. I called my dealer and they said it would cost $1200. I found the repair bulletin. I unplugged my battery for 5 minutes. I tightened the battery back up and my problem went away. It have been driving a couple hundred miles since, and my problem has not returned.
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