CarMax Is Paying $15,000 For Each Vehicle It Allegedly Repossessed Illegally

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

CarMax to Pay $500K After Illegally Repossessing Service Members’ Cars

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

CarMax paying nearly $500K after DOJ claims servicemembers’ vehicles were repossessed illegally

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 ...
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CarMax & DOJ settle allegations of repossessing vehicles of active servicemembers

Allegedly not handling vehicles correctly with members of the military on active duty landed CarMax in trouble with the ...
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CarMax to pay at least $420K to settle allegations of illegal repossessions of troops' cars

Affected troops will receive $15,000 each, plus any lost equity in the repossessed vehicle, according to the settlement agreement.
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CarMax’s Special Subprime Portfolio Nears $30M

During the first quarter of its 2015 fiscal year, CarMax Auto Finance originated $20.5 million of loans — representing 0.8 percent of retail unit sales for the timeframe — through its program for ...