Okay, I found this TSB for the sensor. They have updated the sensor so you will need to make sure the readings are correct.
The most common cause is the vehicle speed sensor for this issue. It is at the end of the transmission by where the driveshaft attaches to the tail shaft of the transmission.
Let me know if you have any other questions.
Roy
No: TSB-01-17-001
DATE: March, 2001
MODEL: 2001 Montero
SUBJECT:
CORRECTED VEHICLE SPEED SENSOR CHECK (RESISTOR VALUE) - SERVICE MANUAL REVISION
[TSB Revision TSB-01-17-001]
PURPOSE
This bulletin corrects the value of the resistor which must be used when checking the vehicle speed sensor.
Write the TSB revision number of this bulletin in the "TSB Revision" box at the bottom of the affected service manual page.
AFFECTED VEHICLES
2001 Montero
AFFECTED SERVICE MANUALS
2001 Montero Service Manual, Volume 1, Pages 17-66
SERVICE MANUAL REVISIONS
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2001 Montero Service Manual, Volume 1, Page 17-66
Correct the resistor value as shown.
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Monday, October 5th, 2020 AT 2:28 PM