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What type of power steering fluid does a 2007 v6 mustang take. Is mercron 5 okay?

A 2007 Ford Mustang V6 uses Mercon V power steering fluid. While Mercon V is the specified fluid, Mercon LV is also generally considered compatible and is often preferred by mechanics as a better performing and longer-lasting fluid. Do not use Mercon ATFX or other types of ATF. Always check your owner's manual for the most definitive answer though.