I can’t get behind property seizure without compensation, but I can understand everything else.

Even if they said “you can’t have this car any more, but can sell it from our facility” that’d be better I think

Normally me neither, bit in this context where you are driving so recklessly you are endangering everyone else and we are talking over double the speed limit I’ll allow it. Noone has any rights left when you are doing that kind of stuff deliberately.
@TDCN @GBU_28 i’m genuinely missing how the state keeping the car versus giving it back to the leasing agency is a reasonable choice. Why does the owner of the car, if it is not the violator, get to get fucked by this?
@jbsegal @TDCN @GBU_28 There are a lot of leasing agencies (small backalley operations) that exist for exactly this cause: leasing cars to speeders and criminals, so they don't own anything that can be confiscated. This law will stop those businesses.
Bona Fide leasing agencies will just have contract clauses with an employer as a warrantee against the cost of a car when someone drives reckless, or speed limiters installed.
Why would anyone need a car that can do 100km/h over the speed limit?