bullydogs1 wrote:
I'm going to add another thing in the mix...the neutral start switch will give these symptoms...Is trans firmly in park...with fords you could hold up the shift lever and that would close the circuit for the neutral start switch..or shift to neutral and try it...I know you have a workhorse but that switch in Fords ie known to go...possibly your shirt lever is not firmly in park.
I don't think it would cause the speedometer to peg though. usually that's a power feed back from bad cable /power connection and or short at starter