This is obviously just my experience, maybe my sender isn't quite right. Either way I wouldn't rely solely on the scan gauge.
Don't worry so much about accuracy, it's better than nothing, and pretty much no one actually has anything to compare to, so no one can give you a real accuracy figure.
Can the SG II read trans temps on a 99? I got one for Christmas and love it, but don't know where it would even show this. Is it just a 2000 and newer thing that it shows trans temp?
