95 Mercury Cougar V8 It has started dripping oil from an area about 6 inches forward from and 8 inches inboard from, the right front wheel. The oil is very thin and clean, like gun oil rather than motor oil. I haven't crawled under it, but my husband thought it might be a seal leaking on the rack and pinion steering. He said there wasn't anything else in that area containing oil.
Anyway, my questions are: Does the diagnosis sound right? If so, is such a thing easily repairable and how would you do it? We have way more time than money :-) If I just let it leak, is the steering going to fail (is it dangerous)? How would I even add oil back to it?
Thanks for all your help Libby