2000 T45 trans in a 97, speedo issues

Interceptor9C1

New Member
Jun 23, 2011
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A buddy of mine has a 97 Cobra. Lost 3rd gear and got another T45 out of a 2000 GT. Now he says his speedometer reads like triple the speed hes actually going. From what info i could gather, the 97 has a gear driven speed sensor and in 2000 they went to a magnetic pick-up. I would think the speedo wouldnt even work in that case. Am i correct in that this is what ford did with their speedo sensors?