126,000 miles. You are lucky the timing belt did not break yet. My former 94 tercel's timing belt broke at 120,000 miles while driving on the freeway. Your mechanic is right. Also, since the mechanic will open the front part of the engine, I also suggest the camshaft/crankshaft OIL SEALS, timing belt TENSIONER, WATER PUMP, alternator/aircon BELTS be replaced (another $100 in parts). At least if you change these parts, you won't worry for these parts to break down for another 80,000 miles.
Yes, the fuel filter too.
Sunday, August 26th, 2007 AT 3:03 AM