A California dealership is facing a lawsuit alleging it improperly used police to detain a customer at gunpoint after a ...

FONTANA, Calif. — Dealers might not necessarily be asking auctions specifically about repossessed vehicles. But when a repo unit comes down a lane, it's likely headed to a dealer's inventory soon.

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

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

Since 2020 the car market has been rocked by one problem after another. First it was a lack of stock, then parts, then supply. All of this causes prices to shoot up. Along with rising prices also came ...

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

Ignite Consulting Partners offers a compliance tip each week for dealerships. This week’s installment delves into a business segment buy-here, pay-here operators often face — repossessions — recapping ...

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

A growing share of American drivers are falling behind on car payments, and repossessions are set to climb to levels last seen during the Great Recession. Hosts Kenny Malone and Preeti Varathan ...

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 ...