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That’s the norm in Switzerland.

>Officials said they drew inspiration from neighboring Switzerland, which has been confiscating cars owned by extreme speeders for more than a decade.

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It was introduced a few years ago in Denmark with good results, too. Companies that lease out cars complained a bit, but I suppose they have since learned to be more careful when issuing vehicles to punters. This, of course, also applies to people who just lend out their cars – you really want to ensure that it will be driven responsible.

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