Money saving tips before you replace an expensive key fob

Old fashioned car keys made it a lot easier to cut a new set, but with newer high tech fobs if you have to replace a fob it could cost you hundreds of dollars.

Before you replace a fob, there are a few things you should try to see if you’re current fob is still functioning and depending on your vehicle you may also be able to get an aftermarket fob a lot cheaper.

“The cost to replace the latest key fobs can cost as much as $400 or more depending on the brand. Then add another $20 to $130 to program the thing to work with your car and it could add up to $500 in some cases,” said Mike Quincy, Auto Editor with Consumer Reports.

Before shelling out any money for a replacement you should check your warranty, auto insurance or roadside assistance coverage to see if they cover the cost of replacing lost or damaged keys. 

If your car is less than five years old, chances are you'll have to go directly to a dealership that has the equipment required to program a new key fob.