An Automatic Transmission is a metal container that contains the engine oil. The oil pan gasket seals the oil pan to the bottom of the engine. The engine has a lot of moving parts that need to be kept lubricated by the engine oil, without which the parts will damage each other. The oil pan and the gaskets are located under the car and are attached to the bottom of the engine. It is common for the gaskets to wear out and start leaking oil. You will see oil on the ground beneath your car. If the oil is leaking, you may see an engine oil warning light in the dashboard.
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If your car is out of warranty, then this opens up some freedom for servicing and parts. There are several things you can do with your car out-of-warranty than when it's in warranty: