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What is your question?
As a repair shop owner, my labor rate is $95.00 per hour in zip code 33458. Shop labor on this water pump is 1.8 hours= $171.00. New water pump list price $259.00 and new improved thermostat housing $60.00. Your estimate is low.
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Thank you for providing the information on the cost to replace the water pump on a 2004 Chevrolet Suburban 1500. We at RepairPal have researched your information and adjusted our estimate accordingly.