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Is It Cheaper to Rekey or Replace A Locks?

Locks are an essential part of our lives, keeping our homes, offices, and possessions secure. However, there comes a time when we need to make a decision about whether to rekey or replace our locks. This decision often hinges on cost, as both options have their pros and cons in terms of expense. In this article, we will explore the question of whether it is cheaper to rekey or replace locks.

Understanding Rekeying A Lock

Before we can make an informed decision about whether to rekey or replace locks, it is essential to understand what rekeying entails. Rekeying a lock involves altering the lock’s internal mechanism so that it will no longer accept the old key. A locksmith accomplishes this by changing the pins inside the lock cylinder to match a new key. The old key will no longer work, rendering any lost or stolen keys useless.

The Benefits of Rekeying A Lock

Rekeying has several advantages, the most significant of which is its cost-effectiveness. Rekeying is much cheaper than replacing locks, as it involves only changing the lock’s internal mechanism, not the entire lock itself. Additionally, rekeying is a quick process that can be completed in a matter of minutes, making it an ideal solution for those in a hurry. Finally, rekeying can enhance security, as it renders any old keys useless.

The Drawbacks of Rekeying A Lock

While rekeying is a cost-effective solution, it may not be the best choice in all situations. Rekeying does not address any issues with the lock’s physical components, such as wear and tear, damage, or age. If your lock is in poor condition or has been compromised, rekeying may not be enough to ensure security.

Understanding Lock Replacement

Lock replacement involves removing the old lock and installing a new one in its place. This process is more involved and expensive than rekeying, as it requires a new lock and hardware to be installed.

The Benefits of Lock Replacement

Lock replacement offers several benefits, the most significant of which is increased security. New locks are more secure than older ones and can provide better protection against break-ins and theft. Additionally, lock replacement can address any issues with the lock’s physical components, such as wear and tear, damage, or age.

The Drawbacks of Lock Replacement

The primary drawback of lock replacement is its cost. Lock replacement is a more expensive option than rekeying, as it involves purchasing new hardware and installation costs. Additionally, lock replacement is a more time-consuming process than rekeying, as it requires removing the old lock and installing a new one. This is best performed by a licnesed and bonded professional locksmith.

Factors to Consider

When deciding whether to rekey or replace locks, there are several factors to consider. These include the condition of the lock, the age of the lock, and the cost of each option.

Lock Condition

If the lock is in good condition and has not been compromised, rekeying may be the best solution. However, if the lock is in poor condition or has been damaged, replacement may be necessary.

Age of the Lock

If the lock is relatively new and in good condition, rekeying may be the best option. However, if the lock is old and has not been maintained, replacement may be necessary.

Cost

Finally, the cost of each option is a significant factor to consider. Rekeying is a cost-effective solution, making it an attractive option for those on a budget. However, if the lock is in poor condition or has been damaged, replacement may be necessary.

Conclusion

In conclusion, whether to rekey or replace locks depends on several factors, including the condition of the lock, the age of the lock, and the cost of each option. Rekeying is a cost-effective solution that can enhance security and render old keys useless. Lock replacement offers increased security and can address any issues with the lock’s physical components. Ultimately, the decision between rekeying and lock replacement will depend on individual circumstances and needs.

If you are unsure about whether to rekey or replace your locks, it is best to consult with a professional locksmith like Locksmith Plus Inc in Portland. They can assess the condition of your locks and provide expert advice on the best course of action. They provided expert locksmithing services to the State of Oregon and Washington including lock rekeying, replacement, and 24/7 emergency lockout services.

FAQs

How much does it cost to rekey a lock?

Rekeying a lock typically costs between $15 and $50 per lock, depending on factors such as the lock type, locksmith’s fees, travel time, ect..

How much does it cost to replace a lock?

The cost of replacing a lock varies depending on the lock type, hardware, and installation fees. It can range from $50 to $300 or more per lock.

Is rekeying as secure as replacing a lock?

Rekeying can enhance security by rendering old keys useless. However, if the lock is in poor condition or has been compromised, replacement may be necessary for maximum security.

Can I rekey my own locks?

While it is possible to rekey your own locks, it is not recommended unless you have experience with locksmithing. Improperly rekeying a lock can result in security issues and costly damage.

How often should locks be replaced?

The lifespan of a lock can vary depending on factors such as usage and maintenance. However, it is recommended to replace locks every 7-10 years to ensure optimal security.

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