Country’s largest used car dealer agrees to pay $15,000 each for illegal repossessions

CarMax Inc., the largest used car retailer in the nation, has agreed to pay nearly $500,000 to settle allegations of illegally repossessing military members’ vehicles, the Department of Justice ...

Car company to pay big after servicemembers said cars were taken wrongly

This news story explains how CarMax, the nation’s largest used car retailer, agreed to pay at least $420,000 and $15,000 to ...

DOJ reaches settlement with CarMax over illegal repossession of servicemembers' vehicles

Pure-play EV maker Lucid reported mixed fourth quarter results after the bell today, with its full-year losses widening as it ...

CarMax to pay nearly $500,000 in settlement over illegal repossession of servicemembers' vehicles

CarMax will be required to pay at least $420,000 in damages to servicemembers and a civil penalty of $79,380 to the United States, according to the DOJ.

CarMax paying nearly $500K after DOJ claims servicemembers’ vehicles were repossessed illegally

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 ...