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Types of Keys For Trucks Around the mid-to-late 90's manufacturers began to put chips inside the head of their keys. The chip emits a signal that is received by the receiver in your ignition. If the code isn't compatible the car's code, it won't begin. Beishir is able to produce these "chip keys" at a fraction the price of a dealer. Transponder Keys A transponder key, also known as a chip key or an immobilizer key, is an electronic microchip that is located in the head of car keys that contain an ind