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My Daughter has a 1988 240DL and the only time we have had problems with the Power Steering (P/S) is when the belt has broken. My wife also had a 1992 740 and never had problems with the P/S. Both vehicle had done over 150,000 miles. The steering on both were excellent. * First check that the P/S belt is intact and isn't slipping. It's driven off the A/C compressor pulley so if the A/C belt is slipping or the compressor bearings or clutch are going bad this could affect the power steering. Also if the A/C belt breaks the power steering obviously won't work. * If the belts won't tighten or keep slipping and you can't set the P/S pulley to run parallel to the A/C, then the rubber bushings on the P/S mounts may be worn and need to be replaced. * Check for P/S fluid leaks. If a hose is leaking, replace it. If the unit is leaking fluid, it will be cheapest to get an exact replacement from a breaker's yard. * If all of this is O.K. then you could be looking at damage to the steering rack. Hope this helps, EMT

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