2002 Toyota Camry Logo
Posted on Jun 12, 2009
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Engine light comes on

Engine revs like it shifted into neutral speedometer drops to zero and bounces between zero and fourty and Tac osscilates, This goes on for about 20 seconds then everything operates normal. Engine light eventially resets itself and works fine for a couple of days then engine light comes on and above mentioned problems repeat, Checked engine light code while it was on and got P500 ( Speed Sensor Malfunction ) this is a 2002 Toyota Camery 4 cylinder with 95,000 Miles, should I just change the speed sensor since the problem is too intermittent to nail down.

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  • Posted on Jun 12, 2009
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Yes for sure if it say that is where in malfuction is it is allways best to try that first.
the sensor is only about 35 dollars

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  • Posted on Feb 02, 2010
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I'm having the same problem with my 2002 Camry but i've been driving on this condition for a couple months. What long term damage can this cause? Also, Good year is trying to charge me about 500 dollars to get this problem fixed. Is that a normal price for this repair?

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