E320 Key
Here's why in a nutshell... (assuming you mean the infra red remote, AKA the "smart Key").
1- Each car is capable of utilizing up to only 8 ACTIVE Smart Keys at a time. This means those with more than 8 driving members in their family must share among the 8 keys!

2- Each Smart Key is programmed with a SPECIFIC VIN, thus identifying it to a particular car. It CANNOT be "reprogrammed" or changed from its' original state in spite of what eBay auctions claim.
3- Each car is capable of learning/accepting up to 20 TOTAL Smart Keys before the computer portion of the ignition is essentially "full". This means that if you lose your key 20 times, you will have to spend a ton of cash on more than just a new Smart Key. (not to mention that you probably shouldn't drive anymore anyhow)
4- It is possible to obtain a new (or an additional) Smart Key from the dealer for your car. I believe the cost is somewhere between $150-$200 each.
5- If you want an ADDITIONAL key, make sure you specify this when it is ordered as apposed to asking for a REPLACEMENT (aka NEW) key. I have heard that a replacement key will invalidate previous keys once it is used, whereas an additional key will not.
6- Valet keys (the metal one inside the Smart Key) can be replaced at the dealer as many times as necessary, but they are not usually lost without the Smart Key attached anyway.
This is a compilation of information that I have read on this subject matter from several different sources. I cannot guarantee it to be 100% correct, but it seems to be.
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Look at this people!! Do not buy a key off of EBAY He is right!
Thanks SC
GGM







