Better method: GPS and math.
1. Driver maintains constant speed at 20 mph per passenger operated GPS unit.
2. Driver tells passenger what speedometer reads and passenger records that data relative to 20 mph GPS data point.
3. Repeat steps 1 & 2 for a number of other speeds (ie. 30, 40, 50, 60, etc.) to generate a data set.
4. Drive back home.
5. Calculate speedometer error versus GPS speed from recorded data. You will find a fairly consistent error percentage, either faster or slower than the actual GPS speed.
6. Remove speedometer pinion gear from transmission to determine what size pinion gear you presently have.
7. Calculate the number of teeth for the new pinion gear that are needed to correct the speed from the error percentage determined in step 5. Example, if 10% slow, then you need 10% LESS teeth on the pinion gear than you have now.
8. Get and install replacement pinion gear with correct number of teeth as per calculation in step 7.
9. Drive and enjoy!