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Car Key Fob Cost - How to Keep Your Costs Down A car key fob is a small device that transmits an electronic signal to the driver's vehicle. It allows them to lock and unlock the doors, turn on the motor, and more. These fobs are usually replaced by automotive locksmiths. However, a device that needs to be programmed requires special equipment, so going to a dealer is often the only option. Examine your auto warranty, insurance policy and roadside assistan