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 ...
The used car business runs on contracts, credit checks, and the occasional unpleasant phone call about missed payments. But ...
Car repossession rates have approached Great Recession levels in recent years, driven in part by post-pandemic economic ...
According to the settlement, CarMax will pay at least $420,000 in damages to service members and a civil penalty of $79,380 ...
CarMax is facing a costly reckoning after federal civil-rights enforcers accused the company of seizing vehicles from ...
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.
CarMax, which claims the title of nation’s largest retailer of used cars, now claims the title of first U.S. auto retailer to ...
(iSeeCars) – So you want to sell your car. Whether you’re upgrading to something new or no longer need a vehicle, deciding where to sell can feel overwhelming. One popular option is CarMax, the ...
Key Takeaways A new CEO is set to take over at used-car buyer and seller CarMax later this month. Activist investor Starboard ...