The Parts Manager at my dealership gave me a free part. It's the dust cover that's wrapped around the shifter. People are paying as much as $600 to $700 for the entire shifter assembly when that piece breaks and $1000 all together to put it in for you. The dealership replaced one on a WK two days prior to me calling and they just had the old shifter assembly laying around.
The belt/dust cover from my 05 WK was made from a silicon/rubber material. Terrible design flaw by Chrysler. The belt/dust cover the dealership gave me came off of a later model and it was made from plastic which causes less friction when sliding inside the shifter assembly.
I brought it home and went to work. Here's how it goes and excuse the mess from my deceased dog. I'm able to keep it clean now.
-T-20 (torque bit, you can pick up the Allen set a Lowes for $10)
-Small flat head screwdriver (for wedging)
Here is the piece I got for free.
1) Remove the chrome bezel from around the PRNDL bezel. It snaps right off so you can use a small flat head screw driver. I used my finger nails.
2) Remove the outer black bezel. It's a snap on part also.
3) Step could be done first or now. It doesn't matter. Turn the bottom of the shifter knob COUNTER CLOCKWISE. It should drop down. Once that is done, just yank the shifter knob straight up.
4) There are 4 silver screws. The 2 on the left are easy to locate. The 2 on the right are underneath the rubber piece in the tray. Remove it with you flat head screwdriver. Then remove the 4 screws with your T-20.
5) Use your flat head screwdriver to help remove the shifter wire harness.
6) Pull the PRNDL bezel up. You should now be able to remove the broken piece of rubber/silicone or whatever that piece of crap is. After that, feed the new piece through and be sure to line up the hole for the shifter rod. Do the steps in reverse to put it back together.