CarMax Auto Funding LLC Files 8-K
| Field | Detail |
|---|---|
| Company | Carmax Auto Funding LLC |
| Form Type | 8-K |
| Filed Date | Sep 24, 2025 |
| Risk Level | low |
| Pages | 4 |
| Reading Time | 5 min |
| Key Dollar Amounts | $900,000,000 |
| Sentiment | neutral |
Sentiment: neutral
Topics: securitization, auto-loans, asset-backed-securities
Related Tickers: KMX
TL;DR
CarMax Auto Funding LLC filed an 8-K on 9/24/25 regarding auto loan securitization.
AI Summary
CarMax Auto Funding LLC and CarMax Select Receivables Trust 2025-B filed an 8-K on September 24, 2025, reporting on other events and financial statements. The filing pertains to asset-backed securities, specifically auto loans, with both entities based in Richmond, VA.
Why It Matters
This filing provides updates on CarMax's securitization activities, which are crucial for their financing operations and liquidity.
Risk Assessment
Risk Level: low — The filing is a routine disclosure of financial and operational information, not indicating any immediate financial distress or significant new risks.
Key Players & Entities
- CARMAX AUTO FUNDING LLC (company) — Filer
- CarMax Select Receivables Trust 2025-B (company) — Issuing Entity
- September 24, 2025 (date) — Date of Report
- Richmond, VA (location) — Business Address
FAQ
What is the primary purpose of this 8-K filing for CarMax Auto Funding LLC?
The primary purpose is to report on 'Other Events' and 'Financial Statements and Exhibits' related to its asset-backed securities, specifically auto loans.
What is the role of CarMax Select Receivables Trust 2025-B in this filing?
CarMax Select Receivables Trust 2025-B is identified as the 'Issuing Entity' for the asset-backed securities being reported on.
When was this 8-K report filed?
The report was filed on September 24, 2025.
Where are CarMax Auto Funding LLC and CarMax Select Receivables Trust 2025-B located?
Both entities share a business and mailing address at 12800 Tuckahoe Creek Parkway, Suite 400, Richmond, VA 23238.
What type of financial instruments are being discussed in this filing?
The filing pertains to asset-backed securities, specifically categorized as 'Auto loans'.
Filing Stats: 1,208 words · 5 min read · ~4 pages · Grade level 14.3 · Accepted 2025-09-24 16:57:53
Key Financial Figures
- $900,000,000 — aggregate original principal amount of $900,000,000, pursuant to an Indenture entered into
Filing Documents
- d942531d8k.htm (8-K) — 27KB
- d942531dex41.htm (EX-4.1) — 901KB
- d942531dex42.htm (EX-4.2) — 348KB
- d942531dex43.htm (EX-4.3) — 223KB
- d942531dex991.htm (EX-99.1) — 639KB
- d942531dex992.htm (EX-99.2) — 119KB
- d942531dex993.htm (EX-99.3) — 75KB
- d942531dex994.htm (EX-99.4) — 99KB
- d942531dex995.htm (EX-99.5) — 168KB
- 0001193125-25-215605.txt ( ) — 2601KB
SIGNATURES
SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, as amended, the depositor has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. CarMax Auto Funding LLC (Depositor) Dated: September 24, 2025 By: /s/ Greg Dostich Name: Greg Dostich Title: Vice President and Treasurer