The Sweedish Engineering prices seem pretty good to me. The timing
belt is about $45 and the rest is labor. The price listed is about
what others have reported paying (a range might be $160 to $280
depending on the cost of labor in your area).

If he is at 65K might as well replace the timing belt when the other
60K service is done. I have 66K on my 98 T5 (purchased in april of 97)
and will be replacing it soon, too.

Since brake pads last about 30K and rotors about 2 sets of pads
I would expect that there would also be some brake work. Figure $200
for parts (front rotors and front pads) plus an hour labor.

I would also have the tranny fluid flushed. My wife has a 95 850 wagon
and we had the tranny fluid flushed at 50K. I was surprised at what a
difference it made in the shifting (very smooth now).