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Q:

Red oil leak cause? on 1995 Toyota 4Runner

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Red oil on floor under engine right side. Wanting to know what is leaking and approx cost of repair. No cheater lights go on.
(3) Answers
It's transmission fluid. You need to flush the transmission, drop the pan, replace the filter and gasket, and the pan gasket. Put it all back together. Fill it back up with fluid (check your owners manual for specifications), and the leak should stop.
This is most likely Automatic Fluid, but in some cases it could be power steering fluid or engine coolant. Check all your fluid levels and look to see where the leak is coming from.