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The recommended power steering fluid for the 2007 Cadillac Escalade is Dexron III. This fluid helps in transferring power to the steering system, making it easier to turn the wheel smoothly. Signs that indicate the fluid needs to be replaced include difficulty in turning and noisy steering wheel. It's advisable to change the fluid every 30,000-60,000 miles, which is approximately every 3-5 years. The price of the fluid typically ranges from $4 to $8 per quart, depending on the brand and store. Changing the fluid usually takes around 5 to 15 minutes, depending on your level of experience.
The owner's manual for the 2007 Cadillac Escalade suggests using Dexron III as the preferred power steering fluid.