$180.00 is a little high, but you don't say what his labor rate is. I would charge $120.00 which is 1.5 hours of labor at $80.00 an hour. If you have A/C and the alternator belt needs to be changed, I get an extra $20.00, a quarter of an hour, to remove and install both belts. It is a pain to get the belts past the fan, especially if you have a fan shroud.
However, $170.00 is a good deal for parts, especially if you are getting a rebuilt by Bosch alternator and a new made by Bosch voltage regulator. I get $188.00 for rebuilt by Bosch alternator and a $125.00 for a made by Bosch electronic voltage regulator. Recently Bosch pricing went through the ceiling. FYI, the exact same made by Bosch voltage regulator sells for over $300.00 from Volvo.
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Eric Hi Performance Automotive Service (formerly OVO or Old Volvos Only) Torrance, CA 90502
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