Allegedly not handling vehicles correctly with members of the military on active duty landed CarMax in trouble with the ...

Affected troops will receive $15,000 each, plus any lost equity in the repossessed vehicle, according to the settlement agreement.

The nation's largest retailer of used cars will have to pay nearly $500,000 as part of a settlement following allegations that it illegally repossessed motor vehicles owned by members of the military.

CarMax, Inc., the nation’s largest retailer of used cars, has entered into a settlement agreement with the U.S. Justice Department in connection with allegations that it was repossessing ...

The Justice Department today announced that it has reached a settlement with CarMax Inc., the nation’s largest ...

CarMax Auto Finance reported “better than anticipated” loan charge-offs that had a favorable impact on both the provision for loan losses and the ending allowance for loan losses during the first ...

In addition, CarMax Auto Finance originated more than $8 billion in auto loans during fiscal 2025, adding to its nearly $18 billion portfolio. CarMax has 250 store locations, over 30,000 associates, ...