P0502 means the ECU is detecting a voltage on the vehicle speed sensor circuit that is lower than expected, typically because the signal wire is shorted to ground, the sensor has failed open, or the connector has lost contact. On vehicles that use the ABS wheel speed sensors as the primary speed input, P0502 usually accompanies an ABS wheel speed code.
P0502 is a electrical-related diagnostic trouble code classified as moderate severity. When your vehicle's ECU detects this condition, it stores P0502 and illuminates the check engine light.
