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2018 Report Reveals How Much Replacement Car Keys Cost

How Much Do Replacement Car Keys Cost?

The average price of a new car key supplied from a main dealer in the UK is £252. The table below shows the main dealers price of a new car key for the top ten best selling cars in the UK. The cheapest car key is £216 for a Volkswagen Polo, whilst the most expensive is over £330 for a Mercedes A-Class key. Replacing lost car keys with an auto locksmith will significantly reduce the overall cost.

 

Car model Price
Ford Fiesta £230
Volkswagen Golf £228
Nissan Qashqai £300
Ford Focus £220
Vauxhall Corsa £230
Volkswagen Polo £216
MINI £217
Ford Kuga £220
Mercedes A-Class £332
Mercedes C-Class £332

 

Data obtained directly from relevant UK main dealers and is correct as of October 2018.

 

cost of replacement car keys

Factors that affect the price of replacement car keys

We have identified four common factors that are likely to have an impact on how much replacement car keys cost:

  • The vehicle make
  • The vehicle model
  • The year of registration
  • The spec or edition

The cost of replacement car keys varies from model to model

When looking at how much replacement car keys cost it’s important to be aware that there is no set price for a particular vehicle manufacturers key. Different models will utilise different keys, all at different prices. For example a Ford Fiesta key could be as low as £230 whilst a Ford Mondeo key could cost £280.

A car key replacement price will also fluctuate depending on the year of registration

Similarly to the model variations, prices can also fluctuate depending on the year of first registration. For example a 2010 Vauxhall Corsa key currently costs £217, whilst a 2017 Vauxhall Corsa key costs £230.

The spec of the model may also impact the cost of a car key  

It’s not a given that all models of a certain year or mark will have the same associated cost for a new car key. Certain editions and spec upgrades could mean an upgrade to the car key. For example a Ford Fiesta 2014 could use a flip style remote key that is turned in the ignition, or it could also use a proximity style key fob, meaning the car is started by the push of a button.

Other factors that could impact car key cutting prices

It is important to remember that most main dealers are franchises and the price of a replacement car key may vary from franchise to franchise. The geographic location of the dealer could also influence the price, with dealers in the South of England likely to be the most expensive.

Main dealers in the UK do not provide a mobile service for key programming, so should you lose your only car key you will need to budget for the cost of recovering your vehicle into their workshop.

If you do not have a record of your vehicles key number and immobiliser code the dealer could possibly charge an extra fee for supplying this.

How much do car keys cost

 

How is the price of a replacement car key from a main dealer broken down?

Whilst it may seem like some main dealers have literally plucked a price from out of the air, there is often a reason a replacement key for your car may be priced higher than expected.  When you purchase a replacement car key from a main dealer there are essentially three elements that you are paying for.

  1. The raw key – you first pay to purchase an uncut, unprogrammed blank remote key (this is normally the highest part of the cost, and can be in excess of £300 for some cars).  Vauxhall currently charge £80 for an unprogrammed 2018 Vauxhall Corsa key.
  2. The cutting – The key blade will need cutting to code to fit your locks. Even key cards and proximity keyless entry keys have an emergency key blade that will need to be cut. An additional charge may be added on to supply a key number and immobiliser code.  As an example, Vauxhall currently charge £30 to supply this.
  3. The programming  There is a final cost for the dealer to program the key into your car. Programming tools can cost well over £10,000, so don’t be surprised if a dealers cost consists of a programming fee of £100 or more. Using Vauxhall as our example, their charge is £120 for key programming.

 

Replacement car keys cost UK motorists millions

Losing your car keys is extremely irirtating and always seems to happen at the worst possible time. According to an RAC report collated in May 2018 43% of UK drivers frequently misplace their car keys. This amounts to over 16 million drivers.  Fortunately for the majority of these drivers it is normally a temporary loss and they eventually find their keys. The report also revealed that just over 2 million UK motorists admitted to losing their keys for good. This means supplying new car keys is big business for main dealers and auto locksmith replacement car keys specialists.

The report, which surveyed 2000 UK motorists uncovered the following “key facts”:

  • 16 million UK drivers often forget where they have left their car keys, albeit momentarily
  • 2 million motorists confess to permanently losing their car keys
  • 54% of motorists who permanently lose their car keys do not have a spare and purchase a replacement
  • More than £180 million is spent in the UK on replacing car keys

Another report from Which? claims that around 10% of drivers do not keep a spare car key. This is old data and we now estimate this figure to be as high as at least 20%. The increasing cost of replacing car keys could easily be attributed to an increasing number of motorists failing to invest in a spare car key.

 

Why are car keys so expensive?

The majority of people that have never had the misfortune of losing a car key are shocked when they discover how much replacement car keys cost. Unlike domestic house keys, car keys are highly sophisticated electronic devices that contain a PCB, transponder chip and battery.

As already explained the blank key can be expensive to purchase for the dealer or locksmith, meaning the end price to the consumer is already more than expected. A blank car key is cut using state of the art automated key cutting machines, which cost thousands of pounds to purchase and maintain. In order to make a profit the dealer or auto locksmith will factor in the cost of of cutting the key.

Programming tools for coding a new key can cost tens of thousands to initially purchase, with extra ongoing costs associated for licensing and installing new software.  A cost will also be added to cover the time taken for cutting and programming the key. Anything up to one hour can be expected for such a labour fee.  When you take all the factors into consideration and remember whoever is supplying the key will need to make a profit, the price of a replacement car key is often justified. So how much do replacement car keys cost? Probably more than most motorists would expect, but not so much when you fully understand how sophisticated a car key actually is and what’s involved in supplying one.

are replacement car keys expensive?

 

Five of the most expensive car keys

If you own one of these cars you DO NOT want to lose your key:

5) Mercedes Benz special edition Swarovski crystal key, from £450

4) BMW i8, £1000

3) Bentley Diamond Key by Alexander Amosu, £8,000

2) Aston Martin’s AMVOX2 watch key staring at £35,000

1) Koenigsegg, estimated £200,000 plus

price of replacement car key

Data suggests that the cost of replacing car keys is on the rise. A ford Fiesta key cost just £162 back in 2013, but five years on the price has risen by over 41% to £230.  Also in 2013 a replacement key for a Nissan Qashqai would have cost £180, but you can expect to pay as much as £300 if you walked into a Nissan main dealer today. That’s more than a 66% increase!

The price increase could be due to the improvements in car key technology and the introduction of proximity keyless start keys, which are able to start the car without the user having to insert the key into the ignition.

 

Use an auto locksmith to reduce the cost of replacing car keys

There are several advantages to using an auto locksmith for replacing lost car keys. The main advantage being a significant cost saving. Auto locksmiths are often able to provide  new car keys for much less than most main dealers. This is due to several factors such an ability to purchase blank car keys in bulk at a much lower rate, and lower operating costs than main dealer franchises. For a more detailed explanation read our article that explains how auto locksmiths are able to provide car keys for less than main dealers.

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