EXHIBIT 99.1 - ANNUAL SERVICER STATEMENT OF COMPLIANCE

                          CARMAX AUTO SUPERSTORES, INC.

                              OFFICER'S CERTIFICATE
     (Annual Statement as to Compliance for CarMax Auto Owner Trust 2004-2)

         The undersigned, a duly authorized representative of CarMax Auto
Superstores, Inc., as Servicer pursuant to Section 3.10 of the Sale and
Servicing Agreement dated as of October 1, 2004 (the "Sale and Servicing
Agreement") among CarMax Auto Owner Trust 2004-2, as Issuer (the "Issuer"),
CarMax Auto Funding LLC, as Depositor, and CarMax Auto Superstores, Inc., as
Servicer (the "Servicer"), and as Administrator on behalf of the Issuer pursuant
to Section 3.9 of the Indenture dated as of October 1, 2004 (the "Indenture")
between the Issuer and Wells Fargo Bank, National Association, as Indenture
Trustee (the "Indenture Trustee"), does hereby certify that:

          1.   CarMax Auto  Superstores,  Inc.  is, as of the date  hereof,  the
               Servicer   under  the  Sale  and  Servicing   Agreement  and  the
               Administrator  under  the  Administration  Agreement  dated as of
               October 1, 2004 among the Issuer, CarMax Auto Superstores,  Inc.,
               as  Administrator  (the   "Administrator"),   and  the  Indenture
               Trustee.

          2.   The  undersigned  is duly  authorized to execute and deliver this
               Officer's Certificate.

          3.   This Officer's  Certificate is delivered pursuant to Section 3.10
               of the  Sale  and  Servicing  Agreement  and  Section  3.9 of the
               Indenture.

          4.   A review of the  activities  of the  Servicer  during  the period
               beginning  on October 6, 2004 and ending on February 28, 2005 and
               of the  Servicer's  performance  under  the  Sale  and  Servicing
               Agreement  was  made  under  my  supervision.  To the  best of my
               knowledge,  based on such review,  the Servicer has fulfilled all
               its obligations under the Sale and Servicing Agreement throughout
               such period.

          5.   A review  of the  activities  of the  Issuer  during  the  period
               beginning  on October 6, 2004 and ending on February 28, 2005 and
               of the Issuer's performance under the Indenture was made under my
               supervision.  To the best of my knowledge,  based on such review,
               the Issuer has complied with all conditions  and covenants  under
               the Indenture throughout such period.

         Capitalized terms used in this Officer's Certificate and not otherwise
defined herein have the meanings assigned to them in the Sale and Servicing
Agreement.



<PAGE>



         IN WITNESS WHEREOF, the undersigned, a duly authorized officer of the
Servicer and the Administrator, has duly executed this Officer's Certificate
this 27th day of May, 2005.



                                                 /s/ Keith D. Browning
                                                 Keith D. Browning
                                                 Executive Vice President and
                                                 Chief Financial Officer