TRANS FAILSAFE PROG Symptoms & FIX [E39] + E38/E53 & RR L322

Quick video to show the symptoms I had when my e39 540i Auto got the trans failsafe prog error. Car wouldn&go into gear and sometimes wouldn&even start. I scanned the transmission using INPA to find the error (60 gear switch) which is also known as the position or neutral switch. The issue never occurred for whilst driving. It would occur intermittently from the first start of the day and usually turning the engine off and starting it again would clear the issue. Sometimes I had to put it in neutral first and then start the car and then it would be ok. Error shown in INPA: 60 Getriebeschalter | translated to Gear Switch Parts Required: Gearbox/Position/Neutral Switch: Part No: 24107512755 Tools Required: Vehicle Lift or Trolley Jack & Jack Stands 10mm spanner 13mm spanner 21mm spanner