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The speedo program on Dynojet 250i's are certified. You can have it put on a Dyno and verify. It reads actual drum speed/distance then calculates. We usually check while a bike is on there and they are all within a coule mile an hour of actual.
The speedo on my '08 Road King says I'm going 4 mph (~5 kph) faster than I am according to my GPS. Funny thing is, it's out the same amount regardless of my speed.
I took the bike to the stealer for the first service (I wanted them to do the first service) and asked them to also correct the error, but they somehow forgot to do it. My arguement is - the bike is mileing out before it's time. In fact the slower I ride the quicker it is mileing out. Sounds goofy, doesn't it?
I have since taken my bike on several long rides (More than 3000 miles each) and compared the odometer to the GPS. Both the GPS and the odometer are always within a few miles of each other at the end of the ride. It's only the speedo that's out, the odometer is quite accurate.
Up until now I always thought speedos and odometers were based on the same calculated values using RPM, wheel diameter, etc. Apparently that isn't true.
If you want to get your speedometer reading dead nuts on any given day, throw the appropriate figure into your bike's ECU with a TTS tuner. That's just one of the several features that were added to the device once H-D cut their ties with the provider of the SERT.
I got caught in a bad storm, the next day speedo reads wrong, I know I'm going about 60, but speedo shows 35. the speedo shows no sign of water damage (not foggy) I was in really heavy rain approx. 20 mins. 2000 roadglide.
Anyway, cubesteak, that's gotta be a bit of corrosion with a contact point for the wires leading to your speedo. The bike getting wet is one thing, but storms tend to kick up a little bit of extra grime and crud that works its way onto contacts. I'd look at disconnecting, cleaning, applying dielectric grease and reconnecting the wires at the speedo (and wherever those connect to next). Disconnect the battery first, ya know, for safety and to reduce/eliminate the risk of accidentally shorting out your speedo (costly replacement).
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