Depending on the motor type, it will have either starting contacts inside or
a starting capacitor. Whichever it has is bad ... from your description I
would guess it's a capacitor start and the capacitor has lost its capacity
Remove it, read the ratings, buy a similar one, put the new one in. Then
find the overload button on the motor and push it back in.
Or get on the web and look for a replacement motor. They are fairly
standard, and the motor alone should cost a lot less than $600.
For that matter, I've been looking at entire pumps for a lot less than $600.
For example, here's a 2hp for under $350:
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