Engine are designed with a flywheel or flexplate depending which will be determined by the transmission type i.e. Automatic transmissions use a flexplate while the standard transmission uses a flywheel. Both do essentially the same thing the only different being the flywheel will have a clutch assembly mounted to it while the flexplate will have a torque converter bolted to it. Both are attached to the engine crankshaft and help balance the engine for smooth operation and also both feature a ring gear for the starter motor to operate. Dual mass flywheels have an extra layer that sits between the surface of the clutch disc and the body of the flywheel which can move slightly which helps for smoother shifting, the input shaft of the transmission is fitted into this layer.
A flywheel will generally only have two issues, first is the ring gear in which the starter uses to rotate the engine over can wear hindering the starter's operation. The second issue involves the clutch which can cause the flywheel to become grooved or heat checked making the transmission hard to shift or allow the clutch to slip. In either case the flywheel must be replaced or resurfaced when these situations arise.
Anytime you need to replace a flywheel the transmission needs to be removed. The cost will vary depending on drivetrain options but typically charges will range between $800.00 to $1200.00 (US) plus the cost of the flywheel which can run between $140.00 and $230.00 (US) in most cases.
The flywheel is bolted and turns directly with the crankshaft acting as a solid coupler to join the power output of the engine and transfer it to the transmission input shaft. The flywheel also acts as an agent to help start the engine via the starter motor. A flywheel is "timed" to the crankshaft and can only be bolted up one way. This is achieved by offsetting the bolt pattern helping preserve the engine balance when running. When replacing a flywheel mounting bolts should to be tightened to manufacturer's specifications to preserve the flywheel integrity.
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