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 ...

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.

Getting your Trinity Audio player ready... Auto dealerships last fall welcomed the new 2026 model year cars and trucks, even as some of them were trying to figure out what to do with all the 2025 and ...

The Jeep Wagoneer is a full-size family SUV that costs a pretty penny as a brand-new model. CarMax has several affordable used Wagoneer listings that could be great deals for some car buyers.

Certified pre-owned vehicles offer customers a similar degree of peace of mind as a new purchase or lease for a fraction of the cost. GM’s expanded used car offering comes amid historic affordability ...

Finally, I might have some good news for those looking to buy used cars. Unfortunately, CarMax has been facing declining sales. As a result, it’s decided to slash prices on used options to get the ...

CarMax will lower used-vehicle prices and margins while increasing marketing to drive unit sales in 2026. Third-quarter fiscal 2026 results showed net sales down 6.9% and earnings down 50.4%, with ...