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How Much Do Spare Car Keys Cost? will save you money and time in the event that your key is stolen or lost. It can also give you peace of mind knowing you have a backup to bring you home or to your destination. The cost of creating a spare key depends on the method you select to use. Mechanical keys are the most affordable, while fobs that contain transponder chips can cost more. The model and make of your vehicle It's not simple to replace a car key when it's damaged or lost.