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 ...

"Federal law prohibits businesses from repossessing service members’ vehicles without a court order," Assistant Attorney ...

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

The largest used car dealer in the country, CarMax, has agreed to pay close to $500,000 to resolve claims that it unlawfully repossessed U.S. military personnel’s cars. Each impacted military member ...

CarMax launched an app in ChatGPT for car shopping. The used car retailer said Friday its new app allows ChatGPT users to search for vehicles, explore listings and get vehicle value information within ...

CarMax is the first U.S. car retailer to launch an app in ChatGPT, providing customers a new fast and easy way to shop for their next vehicle.

The Justice Department secured a settlement requiring CarMax to compensate servicemembers over alleged unlawful vehicle 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 ...

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.

Central Virginia-based CarMax, Inc. will pay out nearly $500,000 to resolve allegations that it illegally repossessed dozens ...

CarMax allegedly violated federal law by repossessing servicemembers' vehicles without required court orders, leading to a ...

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