power steering gone south??

[Shoebox]

Can anyone verify this problem. I was driving my 300e on a short run and I noticed a scraping sound. At first I thought it might be the water pump. I figured I only have less than a mile to go and all would be safe. Low and behold two blocks away from my destination... all the dash lights light up like a christmas tree and the steering gets hard.

Okay so I figure the ps pumps out. What I find strange, turning the wheel right or left while moving doesn't make the it any easier. Is this common with a 300e?

Fastlane only sells rebuilt ps pumps, is there any place I can purchase a new pump for a decent price?


thanks