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Quote for replacement garage door

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Garage door is not working something is broken. The chap who came to inspect said it is an old garage door and could not get spare part. He said if I wait might he might get a spare part but he does know when may be next week or even month. It will cost £150 for repair. The other option is to have new garage door at £720 including installation and 5 yrs guarantee. Does this quote seem reasonable? Is it difficult to get spare part for old garage?

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