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We have a standalone unit in the uk called the "tracker". The unit is activated (via radio) when the car is reported stolen, it then sends out a tracing pulse which is picked up by recievers in police cars/other vehicles. The boys in blue are then able to get a distance and direction until they get a visual on the car.
Roadside sensors are planned but typical UK burocracy is slowing the whole process
Around 85% of Police traffic cars have the right kit to do this and in a small country like the UK it works pretty well I think the recovery rate is around 85% if the theft is reported within 4 hours.
The unit only costs around $400 and has an annual subscription charge but the unit is recognised by insurance companies as a useful security measure so you get much lower premiums.
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