CarMax, Inc. (CarMax) is a holding company and its operations are carried out through its subsidiaries. The Company runs in two segments: CarMax Sales Operations and CarMax Auto Finance (CAF). The Companys CarMax Sales Operations section consists of all aspects of its car retailing and service operations, omitting funding provided by CAF. Its CAF section consists entirely of its own finance operation that provides automobile funding through CarMax warehouse stores. The Business is the merchant of utilized automobiles, based upon the 526,929 pre-owned cars it retailed during the monetary year ended February 28, 2014 (fiscal 2014). As of February 28, 2014, it ran 131 utilized vehicle warehouse stores in 64 city markets. In addition, it is a wholesale car auction operator, based upon the 342,576 wholesale cars it sold through its on-site auctions in fiscal 2014.