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The 2003 Dodge Caravan has a neutral safety switch located on the transmission to prevent the engine from starting in the wrong gear. If this switch malfunctions, the engine may not start at the right time but could start in neutral. Driving in this condition can potentially cause damage to the engine, which is not a good idea. Therefore, it's crucial to replace the switch if it's faulty. The average cost for this repair at a shop is around $250 to $300, making it a somewhat costly but not the most expensive repair.
The neutral safety switch for a 2003 Dodge Caravan can be found on the transmission.