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Determine if you have a cable or a speed sensor. Find the trans then the differential. Look for a cable about 3/8 inch in diameter running out the top of the differential or if a electric speed sensor there will be electrical wires running to a sensor on top of the diff.
Might be a bad shaft inside the cable, bad sensor or speedo problem. The speedo could be getting too great a signal input from the speed sensor, be damaged, etc.
If the car has an automatic is it shifting OK, if a cruise control is it working OK and holding a steady speed?
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