What is Key Replacement?
Key Replacement provides coverage for lost, stolen, or damaged vehicle keys, including key fobs and smart keys. This service offers peace of mind for customers and adds value to a dealership’s F&I offerings.
Coverage includes:
- Replacement of Lost or Stolen Keys: Covers the cost of new keys and fobs.
- Key Programming & Reprogramming: Ensures the new key functions correctly.
- Lockout Service: Provides assistance if customers are locked out of their vehicle.
- Towing Assistance: Covers emergency towing costs if the customer is locked out.
Key Benefits for Dealers & Customers:
Key Replacement has a number of benefits, including:
- Increases F&I Revenue: A valuable, easy-to-sell add-on.
- Enhances Customer Satisfaction: Provides convenience and security.
- Saves Customers from High Replacement Costs: Key fobs can cost hundreds to replace.
- Covers Expensive Smart Keys: Works with keyless entry and push-start systems.
Frequently Asked Questions
Q: Can customers use their coverage multiple times?
A: Yes, plans allow multiple replacements within the coverage term.
Q: Is Key Replacement available on new and used vehicles?
A: Yes, as long as the customer is provided at least 2 keys at the time of vehicle purchase.
