This can be a repair of an upwards of around $750-$1000, depending on what you opt to replace/repair at the time of service. Water pumps historically can fail around the same time period and it is recommended to replace at the same time of a timing belt replacement. You may have the suggestion to flush your transmission, coolant, and fuel system flush. This can be done in increments to not be a tough financial blow at once
I do not know where you live, but here in the Atlanta area, replacing a timing belt runs about $1000, parts and labor. If you decide to do it, have the water pump replaced at the same time. The labor is a big part of the cost, and they will be right at the water pump, thereby saving you money down the road. No sense paying the labor to take the front end of your car apart twice.
〉 Answered on Aug 1st, 2014 by Gail Dunn, Owner at Women's Automotive Connection