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The timing belt is not difficult to replace nor is it expensive in and of itself. The problem is that the timing belt is difficult to get to. Mechanics also suggest that you replace the water pump and possibly some other components so that the the same area does not have to be dismantled in the future to do these repairs. It is not hard to get into the $400+ range.

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Q: How much does it cost to put a timing belt on a 1986 Toyota MR2?
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