car key

Have you ever lost or damaged the key to your Toyota car and worried that you would have to pay too much to get it replaced? Well, worry no longer! Toyota Financial Services is now offering a new coverage program that will assist customers with lost, stolen or damaged car keys in getting back on the road.

As car technology has evolved, so has the car key. In fact, there are plenty of unique and innovative car keys out there that offer additional security and convenience features. While this new technology is exciting and incredibly useful, it sometimes results in an added cost to replace. Toyota’s new Key Replacement Protection seeks to remedy that problem, protecting customers from the financial consequences of a lost or damaged key.

“Today’s vehicle technology is great for consumers. Unfortunately, this sometimes comes with a high cost to replace. We know key replacement can be stressful for our customers, and we’re happy to offer a solution,” stated Karen Ideno, vice president of Product & Marketing, Toyota Financial Services.

Listed below are the benefits offered in the plan:

  • Lock-out assistance if the keys have been lost, damaged or stolen; up to $100 per occurrence
  • Replacement of the covered key/remote if it has been damaged, lost or stolen; up to $800 per occurrence*
  • Taxi/rental vehicle/public transportation reimbursement; up to $75 per occurrence
  • Replacement benefits for additional nonprogrammable keys on the key ring; up to $250 per covered key claim for a total of up to three occurrences
  • Towing assistance; up to $100 per occurrence

This amazingly helpful plan has been added as enhancement to the existing Toyota Financial Services Tire & Wheel program, but will soon be sold as a standalone product. To learn more about Key Replacement Protection, contact Camelback Toyota, or stop by at your earliest convenience.

*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.