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Is 350$ fair to replace and install a new oil valve gasket on 2000 toyotasolara?

(2000 Toyota Solara)
in Glenmont, NY on April 30, 2012
the mechanic is my girlfriends father's high school buddy, just making sure it is a good price. he is usually fair, but ive been reading up and heard that 350 is a little high... just wondering if i should look for a new mechanic... thank you!
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