Why do car keys cost so much?
Modern cars, especially cars produced since 2001, use computer technology as part of the cars security system. This technology is known as “Transponder” systems. Your car key has a small microchip embedded inside the head. This microchip is read by the ignition, when you turn your key. If the correct key is turned, the security system will allow the engine to start. You can thank insurance companies for forcing the government to pass laws requiring all vehicles to be required to include this technology. Since the implementation of transponder technologies in motor vehicles, the incidence of vehicle theft has steadily decreased annually, which in turn has reduced the amount of money insurance companies have had to pay out on claims. The modern technology required to program these new keys, can be outrageously expensive for automotive locksmiths and mechanics to purchase. Combined with the wholesale cost of new key blanks that contain the correct microchip, for your vehicle and the raw c
