That's too bad about the cost on that. For reference, here was my similar issue. Hope it can help someone else out in the future.
2000 Laredo 4.7L Selec-Trac. 177K miles, Leather, 245 tires, tow package, crappy CD changer, full size spare, roof cross-rails & sunroof.
Changes & fixes: Rear Addco sway bar & greasble bushings, upgraded headlights, upgraded tail lights, new hood struts (replaced 2X), new rear hatchglass struts, new radiator (replaced 3X), new oil pressure sending unit (replaced 4X), 2 new speed sensors, 2 new door lock actuators, new ignition key cylinder, chrome front tow hooks, Mobil 1 Synthetic 5/30, Purolator Pure One oil filter, EBC slotted & dimpled rotors, EBC Greenstuff pads, new front shocks (replaced 3X), new rear shocks (replaced 2X), new IRO steering stabilizer, new timing chain cover, new water pump, thermostat, new thermostat housing, new high pressure power steering hose, Michelin-X radials, new sunroof assembly, new single-piece lug nuts, new exhaust manifold studs & gasket on driver's side, new Durango alternator. Jeepforum.com sticker, Visit cobaltboatsforum.com when you can!