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Replacing a 207 key

I have recently purchased at Peugeot 207 which only had one key as the previous owner had lost one.

When I contacted the dealer at they were charging £80 for the key, £30 for the key code and £65 to program. Surely there is a cheaper method of doing this?

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Of course there is. Timpsons in the High Street. Or Keys and locksmiths at:
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