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Look at the price of a mobile phone $100, it wouldn't be that exspensive to create a tracking device that can run off the cars source of power and for a period on its own power device, mount it under the seat or in the roof linning, anyways its something to dream about, the tracking device and a small alarm and red light is all i would want as security,
I got this software for when i left my car parked up at my father-in-laws' place when we went overseas for 3 months:
http://www.gofinder.net/gofinder/GoFinder_Mobile/index_5.htm
Only 25 dollars for the software (gives you 25 location 'pings', then you can top up in bundles (about a dollar per ping), works on any Telstra mobile, so i had to buy a PAYG sim pack for an old phone (30 dollars) and set it up.
Didn't have time to set it up properly (ie hidden and connected to power source) before i went away but it was set up with a power line to the house and gaffer taped just under the front apron so that if someone rolled or drove the car away, the charging cable would just slip out and then i'd have as long as the phone would stay charged for to locate it.
Checked it periodically just for fun whilst i was abroad as we would have found out from the father in law if it had gone but it would have been crucial if that had happened.
Only downside is that it gives you the location to within a range of as little as 100m to as much as 2km, better than nothing though and really very cheap considering.
PS - it's not actually software, it's just a licence to have an account really. It's all web based and nothing needs to be installed, but rather stupidly you still have to buy the CD as you get the licence key with it. Could just as easily be bought online and get the registration by email as you can do everything online anyway, but anyway, that's how they make it!