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The park/neutral position switch has a "Transmission Range" switch built into it. This switch detects the shift lever position when it's in the N or P position and sends a signal to the Transmission Control Module.

If you are getting an OBD II Code P0708, there are a few possibilities. The Park/Neutral switch could be shorted or open, there could be a poor connection somewhere in the circuit (wiring) from the switch, or the switch could simply be misadjusted. I'd check the switch connection first. Use a multimeter to check the switch operation, inspect the wiring harness coming from it, and check to see if it's adjusted properly. The most likely possibility? A bad switch. It's mounted on top of the transmission, and had an electrical connector and a cable connected to it. You can usually get one for $40-$50.

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