Your transmission fluid is dangerously low (tranny is dry). The pops & jerks are the transmission
internal components trying not to seize onto each other due to lack of lubrication and/or overheating.
Low transmission fluid leads not only to loss of lubrication but lots of overheating (of the tranny).
The loss of Elantra performance (speed tops out at 55), is caused by power loss due to friction inside the transmission. All your power is lost overheating the transmission (toward destruction), instead of
being transmitted through the transmission to the wheels.
The 2004 Elantra takes Hyundai SP-III Automatic Transmission Fluid, with 8.4 quarts used in a
total refill - but just 5 quarts at a fluid change. For How-to transmission fluid change instructions:
http://en.allexperts.com/q/Hyundai-Repair-815/2004-Elantra-GT-transmission.htm
www.autozone.com claims that 2004 Hyundai Elantra can take these non-Hyundai ATF's:
Lucas Semi-Synthetic Multivehicle ATF
Pennzoil Muilt Vehicle ATF
Valvoline Maxlife Dex/Merc ATF
Castrol High Mileage ATF
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