THE performance of Australia's banking sector is seen by world investors and our own authorities as one of the great sources of our economic strength since the global financial crisis.
Power steering problems aren't too rare, so don't be surprised if it happens to you. It is therefore important to know about these problems, and the cost of their repair. A major overhaul of the entire power steering fluid system can cost around $500-$650, mostly because of the fluid pump's cost and labor charges. Individual problems linked to the fluid hose, valves, etc. can cost much less.
Power Steering Pump. The cost of parts for a power steering pump repair in a common domestic car ranges from $120 to $151, and from $210 to $640 in a foreign luxury car; although prices for pumps in auto parts stores can exceed $1000. Labor to repair a power steering hose ranges from $100 to $125 for a common domestic car and from $180 to $230 in a luxury foreign car. Power steering pump labor costs range from $120 to $150 for a common domestic car and from $220 to $280 in a luxury foreign car.