What should the cost of Changing the Timing Belt and the Water Pump?
Cost of replacing Timing belt and water pump on 2004 Toyota Camry
$400 for the Timing belt and water pump kit, $525 for labor ( 5.5 hours ) and $25 for factory coolant ( highly recommended ) so that is $950 plus tax. You may want to consider doing the Cam and Crank oil seals, because after awhile they will leak and you may have to do the job over, before your next belt is due. Cost is $30-40 for the seals and about an extra hour of labor ( do it if you can swing it $ wise )
That quote might make sense if you were doing each seperately. Labor should be $300. when done at the same time. Parts are about 275 complete with idler, caskets, coolant etc. complete 575.00 you are trying to put too much money in your 401K