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

America's biggest used-car dealership illegally repossessed several cars in the late 2010s and early 2020s and has been ordered to pay the owners back.

Drivers in search of used cars have several options, but for many, CarMax is the top choice. However, the nation’s number one ...

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

CarMax Inc., the largest used car dealer in the United States, has agreed to pay $15,000 to each of dozens of military ...

When you signed the financing agreement that enabled you to buy a car on payments, you made a legally binding promise to make those payments on time every month. If you miss a single payment by 30 ...

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

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.

A woman is going viral on TikTok after explaining why she’s happy that her Kia Telluride got repossessed. Yes, you read that right. Featured Video Michele Hofmann (@micheleeeed) says she had a steep ...

Taking on a car loan comes with a lot of responsibility. With Experian reporting that the 2024 average car payment for new and used cars sat at $734 and $525 per month, respectively, it's very easy ...