Yes, but transmission shifting, speedometer, ABS, and cruise control may be affected.
What P0500 Means
The VSS reports vehicle speed to the computer. P0500 means the signal is missing or invalid, often from a failed sensor, wiring issues, or in modern cars a problem on the CAN bus.
Common Causes
Diagnostic Tips
If your speedometer is also dead, focus on the sensor or wiring.
On newer cars, a single bad wheel speed sensor can set P0500.
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