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Error 03 is very common in the Mini-DV models. This problem can be defective reel tables, or it can also be a defective rotary encoder. You can expect to pay intermediate to major labor for this type of repair. Parts are nominal.
Previously, when I have experienced this problem, I have removed the battery for 24 hrs and on replacement switched the Camcorder to (M) and quickly pressed the "Menu" button. This has allowed me to scroll down the menu options to the Cam Reset option. Then I reset the camera and all is well. This has worked for the last 3 to 4 occasions, however, this time I cannot get the menu to stay on long enough to reset the camera. Any ideas?
note error codes displayed - if camera shuts off
immediately ; if tape is inserted ? put camera to
your ear and apply power : if more than one motor
sounds ( or sounds ' jerky ' ) your tape may be
damaged - no user serviceable options left ;
if no tape is inserted ? check with stacy
sample at jvc factory service in houston ,
texas - for possible warranty updates .