* Seal damage: ATF can degrade the seals within the power steering pump, leading to leaks.
* Pump damage: The different viscosity and frictional properties can cause increased wear and tear on the pump's internal components.
* Reduced performance: The pump may not operate as efficiently, leading to poor steering response.
In short, stick to the recommended power steering fluid specified in your 1992 Ford Explorer's owner's manual. Using the wrong fluid is almost always a bad idea.