# EDGAR Filing Document

**Accession Number:** 0002117307
**File Stem:** 0001193125-26-167607
**Filing Date:** 2026-4
**Character Count:** 4586
**Document Hash:** a6dfb0144718c44e3bf173f8377303df
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-26-167607.hdr.sgml**: 20260422

**ACCESSION NUMBER**: 0001193125-26-167607

**CONFORMED SUBMISSION TYPE**: FWP

**PUBLIC DOCUMENT COUNT**: 1

**FILED AS OF DATE**: 20260422

**DATE AS OF CHANGE**: 20260421

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CarMax Auto Owner Trust 2026-2
- **CENTRAL INDEX KEY:** 0002117307
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** FWP
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 333-288943-05
- **FILM NUMBER:** 26880940

**BUSINESS ADDRESS:**
- **STREET 1:** 12800 TUCKAHOE CREEK PARKWAY
- **STREET 2:** SUITE 400
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23238
- **BUSINESS PHONE:** (804) 935-4512

**MAIL ADDRESS:**
- **STREET 1:** 12800 TUCKAHOE CREEK PARKWAY
- **STREET 2:** SUITE 400
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23238
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** CARMAX AUTO FUNDING LLC
- **CENTRAL INDEX KEY:** 0001259380
- **STANDARD INDUSTRIAL CLASSIFICATION:** ASSET-BACKED SECURITIES [6189]
- **ORGANIZATION NAME:** Office of Structured Finance
- **EIN:** 010794037
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 0228

**FILING VALUES:**
- **FORM TYPE:** FWP

**BUSINESS ADDRESS:**
- **STREET 1:** 12800 TUCKAHOE CREEK PARKWAY
- **STREET 2:** SUITE 400
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23238
- **BUSINESS PHONE:** (804) 935-4512

**MAIL ADDRESS:**
- **STREET 1:** 12800 TUCKAHOE CREEK PARKWAY
- **STREET 2:** SUITE 400
- **CITY:** RICHMOND
- **STATE:** VA
- **ZIP:** 23238

**Free Writing Prospectus**<br> **Dated April 21, 2026**<br> **Filed Pursuant to Rule 433(d)**<br> **Registration No. 333-288943**<br> **Registration No. 333-288943-05**<br>

$1.175bn CarMax (CARMX 2026-2) Prime auto loan

Joint-leads: RBC (str), BofA, Scotia, SMBC

Co-managers: CIBC, Drexel, R. Seelaus, Truist, US Bancorp

ANTICIPATED CAPITAL STRUCTURE

---

| | | | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| CLS | SIZE($MM) | WAL | S/F\* | P.WIN | E-FIN | L-FIN | BENCH | SPRD | YLD% | CPN% | PRICE |
| A-1 | 209.150 | 0.28 | A-1+/F1+ | 1-7 | 11/26 | 05/27 | I-CRV | +15 | 3.835 | 3.835 | 100.00000% |
| A-2a | 343.300 | 1.21 | AAA/AAA | 7-23 | 03/28 | 08/29 | I-CRV | +45 | 4.152 | 4.11 | 99.99248% |
| A-2b | 75.000 | 1.21 | AAA/AAA | 7-23 | 03/28 | 08/29 | SOFR30A | +45 |  |  | 100.00000% |
| A-3 | 418.300 | 2.77 | AAA/AAA | 23-47 | 03/30 | 06/31 | I-CRV | +47 | 4.264 | 4.22 | 99.98293% |
| A-4 | 74.340 | 3.95 | AAA/AAA | 47-48 | 04/30 | 06/32 | I-CRV | +50 | 4.354 | 4.31 | 99.98195% |
| B | 23.030 | 3.96 | AA/AA | 48-48 | 04/30 | 06/32 | I-CRV | +70 | 4.555 | 4.51 | 99.99160% |
| C | 20.070 | 3.96 | A+/A | 48-48 | 04/30 | 06/32 | I-CRV | +95 | 4.805 | 4.75 | 99.97283% |
| D | 11.810 | 3.96 | A-/BBB | 48-48 | 04/30 | 04/33 | I-CRV | +130 | 5.155 | 5.10 | 99.99846% |

---

\*Expected Ratings

---

| | |
|:---|:---|
| -TRANSACTION DETAILS- |  |
| Expected Pricing : PRICED | Offered Size : $1.175 billion |
| Expected Settlement : 4/29/26 | Format : SEC Registered |
| First Payment Date : 5/15/26 | ERISA Eligible : Yes |
| Expected Ratings : S&P/Fitch | Risk Retention : US - Yes; EU - No |
| Bloomberg Ticker : CARMX 2026-2 | Pricing Speed : 1.30% ABS to 10% Clean-Up Call |
| BBERG SSAP : CARMX20262 | Min Denoms : $5k x $1k |
| Bill & Deliver : RBC |  |

---

-MARKETING MATERIALS-

Preliminary Prospectus, FWP, Intex cdi (attached)

Deal Roadshow : <u>http://dealroadshow.com</u>; Password: CARMX20262

Direct Link : <u>https://dealroadshow.com/e/CARMX20262</u>

Intex Dealname: RBCCARX2602_LARGE; Password: JBJ2

Cusip numbers:

Class Cusip:

A-1 142935 AA3

A-2a 142935 AB1

A-2b 142935 AC9

A-3 142935 AD7

A-4 142935 AE5

B 142935 AF2

C 142935 AG0

D 142935 AH8

The issuer has filed a registration statement (including a prospectus) with the SEC for the offering to which this communication relates. Before you invest, you should read the prospectus in that registration statement and other documents the issuer has filed with the SEC for more complete information about the issuer and this offering. You may get these documents for free by visiting EDGAR on the SEC Web site at <u>www.sec.gov</u>. Alternatively, the issuer, any underwriter or any dealer participating in the offering will arrange to send you the prospectus if you request it by calling toll-free 1 866 375-6829.