Car repossession rates have approached Great Recession levels in recent years, driven in part by post-pandemic economic ...
CarMax agrees to pay nearly $500,000 to settle DOJ allegations that it illegally repossessed vehicles from at least 28 active-duty military members without required court orders.
CarMax is facing a costly reckoning after federal civil-rights enforcers accused the company of seizing vehicles from ...
As part of the agreement, CarMax will pay at least $420,000 in damages to servicemembers along with a civil penalty of $79,380. According to a consent agreement, CarMax repossessed at least 28 ...
WASHINGTON (WAVY) — CarMax will pay at least $420,000 in damages to servicemembers and a civil penalty of nearly $80,000 to the U.S. as part of a settlement with the company after the Department of ...
In February 2026, CarMax announced it had become the first U.S. auto retailer with a car-shopping app in the ChatGPT app store, enabling users to search its more than 45,000-vehicle inventory and ...