CarMax, Inc. (CarMax) is a holding business and its operations are carried out through its subsidiaries. The Company runs in two segments: CarMax Sales Operations and CarMax Automobile Finance (CAF). The Companys CarMax Sales Operations section consists of all aspects of its auto merchandising and service operations, leaving out funding provided by CAF. Its CAF segment consists entirely of its own finance operation that supplies car financing through CarMax superstores. The Company is the merchant of used vehicles, based on the 526,929 pre-owned vehicles it retailed throughout the financial year ended February 28, 2014 (fiscal 2014). As of February 28, 2014, it operated 131 used automobile superstores in 64 metropolitan markets. In addition, it is a wholesale car auction operator, based on the 342,576 wholesale vehicles it offered through its on-site auctions in fiscal 2014.