When you click on links to various merchants on this site and make a purchase, this can result in this site earning a commission. Affiliate programs and affiliations include, but are not limited to, the eBay Partner Network.
I suppose, the question here becomes, is this a sensor problem, or a gauge problem? If the ABS and Brake lites are also on, then it's likely a sensor problem. If they are not, that implies the PCM is actually seeing a vehicle speed signal, and it's the gauge that is the issue.
Throwing my $.02 in, on my newly acquired 2000 Durango, I replaced both the sensors on the rear diff and transmission and still had no spedo...all because of a blow fuse. It also took the replacement of the ABS control module to get my ABS and Brake light off. Wish I would have checked the fuse earlier...would have saved a days frustration lol
IIRC the PCM uses BOTH sensors for speedo control, there is a handoff at some speed (iirc 25mph) where if one sensor is out you will have no speed below that and then the speedo will jump up to your speed, the other sensor can be used for the whole speed range if the handoff doesnt happen properly (is my understanding).