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Save Money on the Cost of a Spare Car Key Replacement of car keys can be costly. However, there are some ways to save money. For instance, you can, have an auto locksmith make a spare key at a reasonable price. You can also ask your dealership for a replacement key but that will cost more. It will require several steps and may take days. Cost of the new key There are ways to cut down on the cost of replacing a lost car key. You can get a new key made by a locksmith at a fraction of the price you'd pay at the dealership, and most insurance companies cover the repl