Now I tried to search for this but came up empty, so if its been talked about in the past I apologise.
I recently bought a 96N merit estate, fantastic condition considering the price I paid and its age, but it came with just one key, so today whilst in town I asked how much to get a spare key cut... £25!! I nearly died!
The guy said it was because of the chip inside, which deactivates the immobiliser - I didnt even know it had one.
So I pried open the plastic of the key, and sure enough, theres a chip in it.
What Im asking, is that is it correct that my car has an immobiliser, because as far as my insurance company is concerned it doesnt, so Ill be letting them know and maybe they'll reduce my insurance and does anyone do replacement keys cheaper than Timpson?!