The article (in the source below) tells the story of a consumer who decided to sue their dealer and Toyota New Zealand after the said dealer charged him NZD$525 for the remote plus an additional NZD$50 to program said remote.
The outrageous cost for OEM parts ticked off the consumer enough to file suit and the New Zealand consumer agency The Dispute Tribunal agreed.
The tribunal found Toyota guilty of price gouging.
Similarly, in other parts of the world, car dealers in some towns charge exhorbitant prices to provide their customers with duplicate keys and new remotes also,
Interestingly, the cost to produce the internal components is staggeringly miniscule and many auto dealerships and some after market dealers are continuing to take advantage of the consumer by massively inflating prices.
Auto locksmiths around America and other parts of the world, provide key origination and duplication services for many consumers at significantly competitive costs when compared to dealerships. Many of these auto-locksmiths have spent many years honing their skills and purchasing the unique equipment to enable fast duplication, creation and programming of modern electronic keys and fobs.
Specialist tools that are the cornerstones of the auto-locksmith industry, make significant light work in picking and decoding automobile locks but they do have a learning curve. There are a number of different brands who manufacture all sorts of differing programming equipment because "one size does not fit all". Many professional auto locksmiths have their own preferences and some may be better than others (machinery) for wide range of vehicles offered.
In recent years, the locksmith industry around the world has been infected by growing numbers of fraudulent operators, posing as professional locksmiths. Typically these sheisters will offer a very cheap estimate over the phone or online and dramatically increase the price when they arrive on site (often after completion of their task). Most of these fraudsters are untrained butchers who have never deliberately learned how to use the tools correctly and quite often cause more issues than they fix.
Another issue recently found with locksmith fraudsters is that some of them are making duplicates of their customers keys, leading to an increase in theft of vehicles. Insurance companies were originally responsible for the automobile industry requiring security systems and chip keys, in an effort to reduce the growing quantity of vehicle theft. The effort certainly had it's desired effect, reducing the insurance companies payout costs by many millions of dollars. Unfortunately, the original savings envisioned soon turned to those same insurance companies hiking the costs of auto insurances.
(source...)
