I have had the flat key version of this lock for at least 9 years and it is still in use. I stood on the towbar of an ATV trailer 24/7/365 in all weather (rain, snow, ice, dust, mud) and temperatures from 105 to minus 15 degrees. After a few years, the rubber loop that held the rubber cap closed deteriorated and tore. I used the rubber cap until I lost it. Thanks to the internal plugging of the keyhole, dirt did not get into the lock and it continued to work. The chrome finish is still in excellent condition with the usual signs of wear. Cleaned several times and oiled with WD-40. I ordered this lock again this month for another pendant and it came with a round key. I look forward to many years of service.
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