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The speed sensor for the 2001 Dodge Ram 1500 is positioned at the output shaft of the transmission. Its main job is to communicate with the CPU by counting how many times the shaft spins, indicating the car's speed. This information allows the transmission to change gears smoothly. If the speed sensor malfunctions, the transmission may delay shifting, shift roughly, or fail to shift at all. A replacement speed sensor costs between $20 to $40, making it a relatively inexpensive fix. However, ignoring a faulty sensor could lead to serious damage to your transmission.
The speed sensor on a 2001 Dodge Ram 1500 can be found on the output shaft of the transmission.