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They don't understand the cost of the original splitter most likely and are just saying that to get you in the door.
You have to make the decision if it is worth it to you, but there are a ton of good deals out there. You didn't mention vehicle mileage but I'd expect low teens in the mileage for that price.
It is also regional specific, so to get a good deal sometimes you have to be willing to travel.
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