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The key looks like it has a chip on it, but it is a resistor. Use an ohm meter and read the resistance by touching one lead of the meter on each side of the resistor. There are keys for sale on E-bay and the resistance will determine what code key you need. Take the blank key and have it cut using your existing key and you are ready to go. If you don't have an existing key, you will have to replace the ignition cylinder.

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Q: How do you replace a lost 1986 corvette ignition key?
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