ouch. at 600$ he must have just bought a new steering box. they usually rebuild for about 85$ for all new thrust bearings and bushings, seals etc.. plus a quart of 00EP grease..
11.2-28' on a 6 loop rim are 350$ delivered anythere on the east coast. and centers rarely go bad.
your buddy must not have looked too hard for parts or repair options. shoulda sent him here! or ytmag.. actually.

reman N pump is a couple hundred.. lift cover costs another couple if it is shot.. if not shot, under 100$ to reman on your bench.
soundguy