The used car business runs on contracts, credit checks, and the occasional unpleasant phone call about missed payments. But ...

CarMax, the nation's largest used-vehicle retailer, has agreed to pay hundreds of thousands of dollars to resolve federal allegations that it illegally repossessed vehicles belonging to members ...

CarMax allegedly violated the Servicemembers Civil Relief Act, with each affected servicemember set to receive $15,000 in ...

Exeter Finance recently honored three forwarding companies and four auctions as recipients of its 2025 Repossession and Remarketing eXcellence Awards. The co ...

The company announced Jan. 26 that it was ceasing operations at the end of the week, citing industrywide structural challenges.

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 ...

The nation’s largest retailer of used cars, CarMax, will pay at least $420,000 to resolve allegations that it repossessed vehicles from U.S. service members without court orders, the U.S. Department ...

Justice officials allege CarMax violated the Servicemembers Civil Relief Act. (Baona/Getty Images) CarMax, the nation’s largest retailer of used cars, has agreed to pay at least $420,000 in damages to ...

A California dealership is facing a lawsuit alleging it improperly used police to detain a customer at gunpoint after a vehicle financing deal fell through, according to a complaint filed Jan. 29 in ...

WASHINGTON (WAVY) — 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 settlement with the company after the Department of ...

Something is broken in Washington’s approach to consumer finance, and it isn’t the auto lending industry. A recent request for information (RFI) about vehicle repossessions practices by Sen. Elizabeth ...

Shocking footage showed the moment a suspect opened fire while chasing a man during a car repossession in Manor, Texas. The altercation ensued after a man repossessed an SUV, according to a report ...