Power Steering Fluid, owner's manual calls for Dexron II or III, what else is acceptable?

Doing what you propose certainly won’t hurt anything, but it seems excessive to do it every oil change, even if it’s only 1/5 of the total system volume. Generally, keeping the power steering system topped up is entirely adequate. The Toyota dealer should be able to supply the Dexron-compatible fluid that they use in their service department. If you’d rather buy it yourself, any premium brand that is Dexron compatible will be fine.

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