The slipping could be low fluid. If you have an automatic, You didn't mention the type transmission, check the fluid and add if needed. If you have a standard you need to get to the check plug under the vehicle. You check that level by removing the plug and sticking your finger in the hole. The fluid should be to up to the bottom of the check hole. The transmission is most likely repairable and cost will depend on whether it is a Manual or Automatic and what actually needs to be repaired. This could be a simple adjustment to the bands and solenoids in the transmission or a clutch issue but you won't know till you take it to a shop. The speedometer could be a broken cable or broken speed sensor, both are repairable and actually don't cost that much. Another possibility is the speedometer itself having a broken spring inside.
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