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Turbo replacement in 2004 Cummins 300 ISB engine

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Need to replace my turbo due to a bearing failure. I seen turbos for my engine from $3500 new from Cummins down to rebuits on line around $700-2000

What brands of new turbo are good? 

Is a rebuilt turbo a good way to go?

and which brands?

Cost to replace - based on how many man hours?

Thank you in advance for your responces

Edited by PeterSchweizer
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