The used car business runs on contracts, credit checks, and the occasional unpleasant phone call about missed payments. But ...

Car repossession rates have approached Great Recession levels in recent years, driven in part by post-pandemic economic ...

CarMax is facing a costly reckoning after federal civil-rights enforcers accused the company of seizing vehicles from ...

CarMax, the nation's largest used-vehicle retailer, has agreed to pay hundreds of thousands of dollars to resolve federal allegations that it illegally repossessed vehicles belonging to members ...

According to the settlement, CarMax will pay at least $420,000 in damages to service members and a civil penalty of $79,380 ...

Fortune 500 used car retailer CarMax, based in Goochland County, has agreed to pay nearly $500,000 to settle allegations that it violated the Servicemembers Civil Relief Act by illegally repossessing ...

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 ...

The nation’s largest retailer of used cars, CarMax, will pay at least $420,000 to resolve allegations that it repossessed vehicles from U.S. service members without court orders, the U.S. Department ...

The U.S. Department of Justice said it has reached a nearly $500,000 settlement agreement with the nation’s largest used car retailer to resolve a class action lawsuit over alleged violations of the ...

CarMax Inc., the nation’s largest used-car retailer, will pay at least $420,000 to service members to settle allegations that it illegally repossessed vehicles owned by them, the U.S. Department of ...