Why is my BMW X5 making a squeaking noise when I turn?

I have noticed that my BMW X5 is making a noticeable squeaking noise whenever I make turns, especially at low speeds. What could be causing this issue and how can I fix it?

The most likely cause of the squeaking noise is a worn out or damaged steering component, such as a belt or a pulley. It is important to get this checked by a mechanic as soon as possible to avoid further damage to your car.

Another possible cause could be a lack of power steering fluid or a leak in the power steering system. Check your power steering fluid levels and if they are low, top it off with the recommended fluid. If the problem persists, take your car to a mechanic for further inspection.