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Settlement requires CarMax Auto Superstores to provide safety recall information before used car sales

Used vehicles are parked on the sales lot at a CarMax store on Sept. 24 in Colma, Calif. CarMax reported a surge in earnings after used-car prices climbed steadily — and surprisingly — for months.
Justin Sullivan
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Used vehicles are parked on the sales lot at a CarMax store on Sept. 24 in Colma, Calif. CarMax reported a surge in earnings after used-car prices climbed steadily — and surprisingly — for months.

A $1 million settlement reached last week with CarMax Auto Superstores will require the company to disclose open car safety recalls before people buy used vehicles in North Carolina.

Attorney General Josh Stein said North Carolina’s share of this multistate settlement is just over $30,000.

CarMax will continue to use the National Highway Traffic and Safety Administration’s (NHTSA) vehicle identification number tool to provide this important safety information to potential buyers.

Stein says the industry-changing settlement helps establish that used car dealers should tell people about open safety recalls before they buy a car.

He added that CarMax cooperated fully with the investigation.