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Cost For Spare Car Key A spare car key is a wise investment that deters future expenses that arise from damaged or lost keys. These keys are budget-friendly and can perform all the tasks expected from more expensive keys - unlocking doors, starting engines, and activating alarms. There are a variety of options to replace your lost car keys. Contacting your dealer is one option. The model and make of your car The cost of a spare car key can differ greatly based on the make and model of your vehicle