CarMax Settles Title Transfer Lawsuit in California
Venice Beach News Today | 2 Min News | The Daily News Now! · The Daily News Now!
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Show Notes
CarMax, a major used car retailer, settles a lawsuit for $1.1 million over title transfer delays in California. The company missed deadlines for filing paperwork, leaving some buyers without proper documentation. The settlement includes new policies, penalties, investigation costs, and a consumer fund. CarMax denies fault, attributing issues to pandemic disruptions, but has since improved its systems.
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