Jimmy.
Well you could have bought a new car.
Say a little compact for $12000 then
maintain it properly so it'll last 500K+
miles. .
Seriously,I'm sure that you'll never spend
that kind money.
I don't know how well the car was maintained
before bought it but if it wasn't then you
might need to invest some $$$$ to bring it
back up to par.
Does the reservoir have fluid in it?
If yes the most likely the pump is ok.
If it is dry then more than likely it is toast.
Also there is a filter in the reservoir that
needs replacing once a year.
Check the struts for leaks,if they don't
leak then they are ok.
If they leak they need replacing($351.50 ea. ouch!!!!).
The bouncing is usually an indication that the
accumulators are bad.
Change the accumulators for sure,they
are $107 and some change each on fastlane.
Louis.