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.

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 ...

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

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

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 ...

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 ...