Thank you 71Corrolla and white90dx

. Sorry I was not able to reply sooner - I'm trying to work on the car inbetween my classes.
I think I have found the VSS, is this it? For some reason I was thinking that the vechicle speed sensor would have had a electrical signal wire coming out of it

.
Please click on the pic to see a larger image.
Im a bit confused on what I need to replace... do I need to replace the speedometer cable or the VSS?
If I had to replace the speedo how do I take out the instrument cluster?. I will try getting a pic of this.
The green stuff on the transmission is coolant.I took this pic while I was replacing my heater hose that had bust
Many thanks in advance,
Rajan.