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Depends on what you've already got in the garage for tools. My toolbox was already well-stocked (torque wrenches, sockets, lots of metric tools from wrenching on other German cars) when I started my 2.7 rebuild. I think I spent ~$1k on engine yoke, special cam tools, clutch alignment tool, various new wrenches, and raw material to improvise some tools (like the rear main seal install tool, flywheel holder, etc). Take a look at Pelican's engine tool section.
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