* Part Cost: The price of a new or remanufactured rack and pinion can range from $200 to $800 or more, depending on the brand (OEM vs. aftermarket), where you buy it (online vs. local parts store), and availability.
* Labor Cost: Labor costs are highly variable based on your location (geographic region, urban vs. rural), the shop's hourly rate (independent mechanic vs. dealership), and the complexity of the repair. Expect to pay anywhere from $300 to $800 or more in labor. This is a fairly involved job.
* Additional Parts: Often, tie rod ends, boots, or other related components may need replacing while the rack and pinion is being serviced. These add to the overall cost.
* Shop Type: Dealership repairs are generally more expensive than independent mechanics.
Therefore, a reasonable estimate for the total cost of replacing a rack and pinion on a 1996 Chrysler Sebring would range from $500 to $1600 or more. It's highly advisable to get multiple quotes from different repair shops before committing to the repair. Be sure to ask for a detailed breakdown of the costs (parts and labor) and inquire about any potential additional parts that might be needed.
