The average cost is around $700 at many Honda dealerships. You have a car that might still be in warranty. I am a believer in using the dealership during the warranty on the car as a whole-they tend to be more concerned about you. My experience has been very good at the dealership I use. They sold me the cars and know me. They have never sold me services I did not need. When it came time to do something it was with genuine factory parts that also have a warranty on parts and labor. We all want to save money, but there are times when it is better to make the best use of the resources that a factory can offer thru its dealers-and the warranty time can be one of them. If either the Timing Belt or water pump that are installed for you fail and the engine is toasted-and the dealer did the work Honda will take care of you.

Just my 2 cents