I have a 1983 and it DOES have a 120 MPH speedo. Personally I like my model year because it has the turbo, the nicer carpet and seats, and the wider range speedo, but without all the emissions junk.

Alex

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1983 300D (parked for four years)
2012 VW Sportwagen TDI Manual
2001 Miata SE
1962 Chevrolet Corvair Rampside