The Shocking Cost To Replace Broken Or Stolen Car Keys

Tuesday, 10. February 2015

Hi, Graham Hill here, thank you so much for visiting my blog, I hope you learn a lot and as a result end up driving a great car. In order to do so you can get all the information you need by buying my book, An Insider Guide To Car Finance or use me to finance your next car. Happy driving.

Have you ever, lost or stood on your car key (I use the expression ‘key’ lightly). My brother in law once had his BMW key eaten by their dog, just before the car was due to be returned at the end of the lease.

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He wasn’t too worried until he saw the cost of the replacement. I was staggered to read a report from company, Recover Me, whose founding director, Robin Reames, revealed the cost of replacement keys on the UK’s top 10 selling models. He explained that finding out the cost of a replacement key is nigh on impossible until you need to replace it.

Hence the reason for revealing the costs, which average £206 per car. Of course the reason why the costs are going up and will continue to rise is the amount of information stored within the circuitry of the key. It’s like a mini black box. I remember taking my BMW 7 series in for a service a couple of years ago and the service agent asked for my key, not to drive the car but to see what needed to be done!

In order to make sure you take good care of your car keys here is a list of the top 10 selling cars with the cost of the replacement key alongside:

  1. Ford Fiesta                          £220
  2. Ford Focus                          £220
  3. Vauxhall Corsa                  £135
  4. Vauxhall Astra`                £130
  5. VW Golf                               £190
  6. Nissan Qashqai                £280
  7. Fiat 500                              £230
  8. BMW 3 Series                    £216
  9. VW Polo                             £210
  10. BMW 1 Series                    £233

Shocking or what, worth their weight in gold – literally!! By Graham Hill

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