First off, i bet your wife feels MUCH worse about the incident than you. Keep that in mind. It's just a chunk of metal.
However, this is a new truck and i assume you will be driving it for a while. Pay the money to get it fixed RIGHT. When's the last time you bought the cheapest item you could find and it proved to be equal to the higher priced alternative? Think about a high-point pistol--its cheap and it works. If it was the best option everyone here would own 10. But, has you know, you can buy a better gun that achieves the same goals for 10x's the money. Most, if not all, of us have made this decision. Quality and workmanship is worth a lot. Keep this in mind, we are talking about a 30k dollar truck. Whats another $400 to get it fixed right?