Anti theft "chip" in the key?

[eflb55]

Ya.. Drives: 2007 Toyota Yaris LB
He didn't say that he noticed it in the opening post.


Regardless when I went to the local shop they said they are going to use my valet key to do the bypass. They weren't sure if my car needed the bypass and told me to turn it on and look to see if there was a key symbol when I started my car up near the spedometer and there was. I guess that is the key immobilizer. If it wasn't so damn cold out I would grab my manual and see what that symbol means.

Edit:
I don't know what that high-on was talking about. It's an engine temperature thing, has nothing to do with the immobilizer. But in my manual it says that if the red light on the dash is flashing after I turn the car off, the system immobilizer is on there. It also says
"The engine immobilizer system is a theft prevention system. When you insert the key in the ignition switch, the transponder chip in the key's head transmits an electronic code to the vehicle. The engine will start only when the electronic code in the chip corresponds to the registered ID code for the vehicle."

Bingo?

Edit Edit:
No flashing light. I think they are trying to pull a fast one on me.