Vehicle loan or lease -- Repossession -- Complaint #8180594

Complaint Overview

Complaint ID: 8180594

Company: Carmax, INC.

Product: Vehicle loan or lease

Sub-Product: Lease

Issue: Repossession

Sub-Issue: Company communicating payment assistance or payment extension options

State: Florida

ZIP Code: 32901

Date Received: 2024-01-18T12:00:00-05:00

Date Sent to Company: 2024-01-18T12:00:00-05:00

Company Response: Closed with explanation

Timely Response: Yes

Consumer Disputed: N/A

Submitted Via: Web

Consumer Narrative

My car was repossessed at XXXX, no action can be taken on my part until XXXX as their offices are closed until that time. This is a blatant misuse of power aimed at forcing a consumer into accruing tow fees, impound fees, and in my case auto body damage caused by the tow service and tow yard. I also have now needed to spend additional money on XXXX in order to get my car back out.

Frequently Asked Questions

What is Complaint #8180594 about?

Complaint #8180594 was filed against Carmax, INC. regarding Vehicle loan or lease specifically about Repossession. It was received by the CFPB on 2024-01-18T12:00:00-05:00.

How did Carmax, INC. respond to this complaint?

The company responded with: "Closed with explanation". The response was timely.

What is the risk level of this complaint?

See the risk assessment section for details on this complaint's risk profile.

How do I file a similar complaint?

You can file a complaint with the CFPB at consumerfinance.gov/complaint. Select the appropriate product category (Vehicle loan or lease) and describe your issue in detail.

Can I see other complaints against Carmax, INC.?

Yes, visit the Carmax, INC. company profile at readthecomplaint.com/company/carmax-inc to see all complaints, risk scores, and analysis.

Disclaimer

This analysis is AI-generated based on publicly available CFPB complaint data. It does not constitute financial or legal advice.

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