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Well, $200 for labor seems to be reasonable. The cost for paint, is about what I have seen. If he can get paint for cheaper, it will probably be cheaper quality. Paint is one thing you do not want to go with the cheapest there is. So ask him about that.
Now, for the clear coat, that sounds fishy there. A pint would be plenty. With 2qts, you could cover your car and my car, and have some left over. So ask him why he feels he needs 2 qts.
Hope that helps a little.
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