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Cost of Replacing a Lost Car KeyIt is crucial to understand the costs involved if you lose your car keys. You can get a copy of a car key at any hardware store, however the smart key could require you to visit a dealer or locksmith.However, if the device is damaged but doesn’t require changing its programming, there are ways to reduce costs.1. Type of KeyCar keys have a peculiar ability to disappear in unexpected places. They can be lost in your pocket while shopping, are tucked between the sofa cushions, or fall through the crack of the back seat and are a difficult to locate. In the past, this meant that you could go to your local auto locksmith or hardware store and purchase a new replacement.It’s expensive to replace a key fob or a remote transmitter if you drive a vehicle that has advanced technology. These systems use remote transmitters and key fobs, which are tiny electronic devices. They’re also packed with circuitry, which makes them costly to replace in the event of the loss.You should therefore consider the possibility of a key fob insurance policy which covers up to 400 dollars per key lost or stolen. These plans typically cover only a small fraction of the cost of replacement, and provide unlimited replacements for stolen or lost keys, as well as additional benefits like towing and roadside assistance.The kind of key you’re using also impacts the cost and some keys are more costly to replace than others. Basic metal keys without a key fob for instance are fairly inexpensive, as they’re mechanical, and can be replaced by locksmiths or mechanics who are professionals. However, if your key has a transponder chip, it’ll require specialized equipment to copy. These machines are usually only available through car dealerships or manufacturers, and could be a major factor in the overall cost.Laser cut keys may increase the cost of keys for replacement on cars, since they are thicker. They are made of metal that is then molded into the desired shape, then cut using precision lasers for an exact fit.2. Key FobIn the past lost car keys was just a nuisance. You could buy an alternative key from a locksmith shop or a car dealership and it was inexpensive to purchase one. As cars have technologically advanced as have their keys. This means that replacing a lost or damaged key could be more costly.In the 1990s, key fobs were popular as a method to lock and unlock a vehicle without using a physical car key. These small plastic fobs have a button which, when hit by the user communicates to the computer in the onboard system to lock or unlock the vehicle. Some are equipped with buttons that activate the security system of the vehicle or open the trunk.A traditional key with no fob is similar to those made before the ’90s, and it can be cut by an auto locksmith for a small charge. Some locksmiths can even repair the fob that was lost while you wait.Fobs with a transponder or another chip may be more expensive to replace than standard ones. These can cost upwards of $200 to reprogram and pair with the new car, and they are generally only available through the dealer who sold the original car.Many companies that deal with vehicles, such as auto repair shops, car dealerships, and salvage yards, could end having a lot of spare fobs not tied to a specific vehicle. Some of these are available to the public, whereas others require special equipment or technical knowledge to program. This isn’t something that the average person could do. This is why it’s always ideal to keep a spare car key in your pocket or purse and then add GEICO’s Emergency Roadside Service to your policy to make it more convenient should you require it.3. Keys Laser Cut KeysLaser-cut keys have deeper ridges, unlike traditional mechanical keys. These make them more difficult for thieves in cars to duplicate.They also have slits tooled into both sides of the key blades that allow them to be placed into the door or the ignition cylinder lock in either direction. They are the most commonly used kind of car keys that are that are in circulation today. They are more popular than key fobs due to their greater security and ease of use.It is essential that the shop cutting the keys is equipped with the proper equipment. You’ll end with keys that don’t work properly in the event that you don’t. You must also be aware of the quality of the blade, because low-quality ones can damage the key cutting machine or even break within your ignition cylinder.The locksmith will need your vehicle identification number (VIN) to cut a laser-cut key. Once they have this information, they can run it through a computer system to retrieve the specifications of your specific car. Then, they will employ a CNC to cut the key according to these specifications.They require specialized machinery to create, and they are typically only available at dealerships. They are however, less expensive than traditional key fobs and are also a bonus for being hard to duplicate.For a typical all-in-one laser cut key you’ll need to pay between $150 and $250 for labor costs. This is because these types of keys must be programmed by the dealership. They are still one of the most convenient and secure car keys available today.4. Switchblade KeysModern cars often use key fobs that are able to lock and unlock doors as well as start the engine. In contrast to older mechanical keys which are mechanical and easily duplicated by locksmiths or key cutters the newer keys for cars come with transponder chips that must be connected with the vehicle by a dealer or an auto locksmith. These keys are typically more expensive, ranging between $50-$100 for the basic model to $200 for models that have push-to-start features.Fobs that contain what’s known as a switchblade key which folds up when not in use, typically cost more to replace. The keys are equipped with shanks that retract into the fob, which is released at the push of a button when needed. car replacement key are more secure than standard keys, making them a great alternative for those who require an extra key for valet use. The cost of changing these keys can range from $100 to $300 depending on the type of vehicle and the type.They are lighter and simpler to use than the old crank keys which were extremely heavy, complicated and hazardous to use. They also make it difficult for thieves to steal them, since they are cylinder-shaped. This blocks the use of key duplicate machines that criminals use to copy your car key.These wholly electronic car keys communicate electronically to open the doors and begin the engine – some can even do so without having to be taken from the driver’s pocket. These types of keys are expensive to replace and require an excursion to the dealer, which may include a towing fee.5. Transponder KeysUnlike mechanical keys, transponder keys are equipped with a chip inside them that relays a radio frequency signal to the car whenever it is put into the ignition. The signal is then read by the vehicle’s computer system to determine whether it matches the serial number of the key. If it does, the vehicle will allow the key to open the door and begin the engine. The purpose behind this is to prevent car theft by making it harder to wire a car and then start the engine.In theory, this technology is effective However, the most sophisticated car thieves are always finding ways to beat this technology. The chips inside the keys aren’t as durable as people like to believe. They can get wiped out easily, which could result in the key not functioning at all.The cost of replacing transponder keys can be costly. The cost of the key blank could be up to $50. Programming it is an additional cost. This procedure requires a specific machine that’s only found in car dealerships.It is therefore best to hire a professional locksmith with the right equipment for programming transponder key. It is also recommended to have all your vehicle’s information ready including the year and make, as well as the model. This will ensure that the correct key blank is used, and will save you money over time. A locksmith can typically program a new transponder key for around $150, but it can cost as much as $180 for push-to-start cars equipped with remote transmitters or key fobs. These keys require a specialized programming service that can be performed only by a licensed locksmith.