Carvana settles long-running legal dispute with Illinois

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Carvana settles long-running legal dispute with Illinois

The Illinois Secretary of State’s office first suspended Carvana’s dealer license in May 2022, alleging the retailer failed to properly transfer titles for vehicles it sold and misused issuing out-of-state temporary registration permits.

The agency’s police department started investigating Carvana’s business practices in February 2022 after receiving consumer complaints about its registration and titling timeliness.

Per the settlement agreement, Carvana can continue to operate in the state, Illinois Secretary of State Alexi Giannoulias said in a Tuesday video announcement. The retailer admitted to violating Illinois law and agreed to abide by new restrictions, according to a news release from his office.

Carvana, in a…