I had the same thing happen to my car. Pulled in the drive and smelled it burning. I opened the hood just in time to see my belt snap from catching on the locked up compressor. You can buy a new compressor at Advance or Auto Zone for around $450 bucks but I would ask around, I was able to get one from a friend who owns a shop for about $200. It was an easy fix to do yourself. Pull the 3 mounting bolts, disconnect the wire harness and the R-134A hoses (You need to crack them and let them vent the gas, and they will leak a green die so put a towel down and don't breathe the gas in) and it will slide out through the top after you disconnect the radiator hose (Again you will need to drain the radiator, there is a pitcock you can turn to let it drain from the bottom). Then all you do is pop the new one in, hook everything back up how you took it apart, fill it with coolant, put a can of R-134A in it (You can get it from Walmart) and you should be good to go. I was able to do it all for about $250 bucks all told. Even if you have to buy from Advance and pay $450 you should still be able to do it yourself for under $550.00 and about 2 hours for an amatuer like me

. Better than $1000.00. Oh and my car only has 66,000 miles on it and gets regular maintance. This should have never happened, I feel there is an issue with this model compressor.