How much does it cost to replace my Toyota key?
New smart key systems have provided modern drivers with convenience-packed features like keyless entry and ignition and added security. However, because of the added tech, the cost to produce keys has soared. Getting a replacement is now much more expensive and time consuming than a quick trip to the neighborhood hardware store. So, how much does it cost to replace a Toyota key? Depending on the vehicle, smart key replacement can be as much as $200 to $600 and more. To combat the frustration of high key replacement costs, Toyota now offers a new Key Replacement Protection product through Toyota Financial Services that can make losing your key less stressful and expensive.
Toyota Key Replacement Protection Benefits
- Replacement of a covered vehicle key/remote up to $800 per occurrence
- Lock-out assistance to get you into your vehicle if you lose your key up to $100 per occurrence
- Towing assistance up to $100 per occurrence
- Taxi/rental car/public transport reimbursement up to $75 per occurrence
- Replacement benefit for additional non-programmable keys on your key ring up to $250 per covered key claim for a total of 3 occurrences
Currently, the Key Replacement Protection product is available as an enhancement to the existing TFS/LFS Tire and Wheel program and is expected to become a standalone product sometime in the future (possibly later this year).
Anyone interested in more information on Toyota Key Replacement Protection can contact their local Toyota dealership to see if they participate in this program or can visit www.toyotafinancial.com/TW. Car owners can also contact their nearest Toyota dealership directly for specific Toyota key replacement quotes.
*Coverage exclusions may apply as follows: 1) Replacement keys, if two (2) master keys were not received at the time of purchase/lease of the vehicle. 2) Replacement keys, if the damaged keys are covered by the manufacturer’s, repairer’s, or supplier’s warranty or recall. 3) Any costs associated when the vehicle key becomes inoperable due to malfunctioning, or a result of reprogramming of vehicle’s main body ECU. Please refer to the applicable service agreement or motor club membership for additional details of terms, conditions, and specific coverage details, including limitations and exclusions, transferability and cancelability. Plans are not available in all states. Coverage may vary by state. This product is optional, cancellable (see agreement terms) and not required to obtain credit.