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.

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 ...

CarMax is facing a costly reckoning after federal civil-rights enforcers accused the company of seizing vehicles from ...

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 ...

24, 2023, the used car dealer repossessed the vehicles of at least 28 service members who were in active milita ...

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

The car repo business is booming as Americans fall behind on increasingly expensive car payments. Cars are being repossessed at the highest rate since the Great Recession of 2008 and 2009. The repo ...

As the economy continues to sour, debt-strapped vehicle owners are defaulting on automobile loans at record rates, providing repo men, auction wholesalers and dealers with loads of work. "Business is ...

Add Yahoo as a preferred source to see more of our stories on Google. The Columbia Metropolitan Airport on Tuesday, February 3, 2026. (Joshua Boucher/jboucher@thestate.com) Beware. Once you’ve parked ...