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Yeah ur problems sounds like mine. Except mine doesnt goto 0. It likes to maxout.I was told it was the gear in the transmission. And that it had worn out.Still not sure though i havent had time to check it.
Exactly what mine does. I have broken two speedos already. I just put the old one back in because it doesn't spin at infinite mph like my other one did. My old one just sits at 190mph or whatever now, so I just go by rpm.