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I mentioned this on a different thread, but I'll post it here again.
Everyone says you should be able to find a local place to weld in a flex pipe for less than $100, unless you're like me (and maybe you) and live in the middle of nowhere and then the price is much higher. The cheapest price I could get was ~$250 for the flex cut out and welded in.
ghettosled mentioned ebay, which is an option. You can get the entire upper section of the exhaust (everything between the engine and the CAT) for about the same price you were quoted for welding in a new flex. Even that was outside of my price range, however, so I went for the DIY option with clamps. I purchased a flex pipe at Advance Auto parts and got a couple band clamps from jegs.com and did everything myself in the course of a couple hours on a Saturday. Nearly 6 months later and everything is still holding (though I plan on checking the torque on the clamps once it warms up), and I passed my emission inspection without any difficulty. The DIY route only cost me ~$30, so definitely worth it in my opinion, especially if finances are tight.
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1998 Camry LE, Acquired with 128k miles, currently 227k miles (11/11)
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