A system for finding a vehicle includes a function controller, a key for matching with and controlling the function controller, and a portable device. The portable device can match with the key and transmit an instruction to the key. The key includes a first positioning module, and the function controller includes a second positioning module coupled to the first positioning module. The first positioning module and the second positioning module can receive data as to the distance between and respective locations of the chip key and the function controller. The present disclosure also discloses a method for finding vehicle.