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The 2005 Toyota Corolla will feature multiple speed sensors. One will be positioned above the brakes on the inner section of each wheel, requiring tire removal to reach. Since the vehicle weighs under 3000 pounds, a two-ton jack will suffice for this job. Another sensor will be found within the transmission housing, accessible by removing the outer cover. You can expect to pay between $20 and $40 for a single replacement sensor, or around $150 for a complete set for the vehicle.
In the 2005 Toyota Corolla, you can find multiple speed sensors - one at each wheel and another situated in the transmission housing.