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 by GWiens2001 » 17 Feb 2019 9:59
That is going to very based on how much you charge and the cost of your equipment. It will take a while to earn back the thousands of dollars you will need to spend on getting set up to do transponder keys, plus the cost of your inventory.
Gordon
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GWiens2001
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by cledry » 18 Feb 2019 21:53
d_Random wrote:What the approximate profit for making transponder keys?
Originating or duplicating? Duplication you are turning a $4-$8 key blank and a $15 chip into a $65-$75 key. To do so you need the key machines. Figure about $3000-$4000 for a good key machine and a manual milling cutter, then you will have another $1500-$2500 in a cloner. Since we already had the regular duplicator it was an investment about $5K in machines, cloner and a small selection of blanks and chips. We stock 10-20 keys for each type and about 25 each of the two chips we use. Once Your initial investment is paid for then other than a few cutters once in a while it is a very good money-maker. We probably do 3 keys on a slow day and perhaps 10 on a good day. Jim
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