We also had our steering rack replaced. Instead of a squeaking noise, the noise was similar to the sound you would make by dragging your fingernail on cloth. Yeah, that part is expensive. Fortunately, the replacement was under warranty.

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David

Macan Turbo / 997.1TT (gone) / e83 (gone)/ e46 M3 / e90 335xi (gone)/ Sienna XLE Ltd
B7 A4 2.0T CVT (gone) / Pilot EXL-RES (gone)