Just for personal knowledge, is this a K-line drive?
Not sure what you mean by "K-Line drive?" While this truck design was used by K-Line in the S-2, Alco FA, RDC Budd car and the MP-15, it was used by Lionel first in all of their starter set types of diesel locomotives.
Matter of fact, I can tell by the photo this is unquestionably a Lionel version (aside from the extra and different colored wires) because Lionel to my knowledge has always placed the traction tire wheels both on the same geared side of the engine. K-Line put them all over the place, but most frequently in a diagonal arrangement, with one traction tire wheel on the geared side of the loco, and the other on the other axle on the other side.
I think Lionel's traction tire arrangement is much better and doesn't cause the same amount of "gear growl" as do the K-Line engines mentioned above.
But Ryan Selvius is correct: On this particular 2005 cataloged engine, Lionel used a plastic pinion gear right off the motor, instead of the usual brass gear. And as such, there have been many documented problems with that gear breaking on this particular engine.
It would be easier to get a Lionel replacement motor with the brass gear. FYI, a similar K-Line motor will not work because the number of gear teeth on the pinion gear on the motor shaft is different on K-Line's motor versus the Lionel one.