A clunking noise from a 350 motor or transmission could indicate several issues, such as worn engine or transmission mounts, which can lead to excessive movement and noise. It could also be a sign of internal component wear, like a failing torque converter or damaged gears. Additionally, low Transmission Fluid levels or contamination could cause similar sounds. It's advisable to have a qualified mechanic inspect the vehicle to diagnose the exact cause and prevent further damage.
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