Free Writing Prospectus
Dated February 4, 2014
Filed Pursuant to Rule 433(d)
Registration No. 333-189212
Registration No. 333-189212-03
$935mm Carmax Auto Owner Trust 2014-1
Joint-Leads: BofAML (struc), JPM, Wells Co-Mgrs: Barc,RBC,RBS,Scotia
| CL | $SIZEmm | MDYS/FITCH | WAL | PWIN | EXP | LGL | BENCH | SPRD | YLD | CPN | $PRICE | |||||||||||||||||||
| A1 | 164.00 | P1/F1+ | 0.28 | 1-6 | 8/14 | 2/17/15 | 0.190 | 100.0000 | ||||||||||||||||||||||
| A2 | 306.00 | Aaa/AAA | 1.10 | 6-21 | 11/15 | 2/15/17 | EDSF | +19 | 0.472 | .47 | 99.99832 | |||||||||||||||||||
| A3 | 288.00 | Aaa/AAA | 2.45 | 21-39 | 5/17 | 10/15/18 | ISWP | +20 | 0.797 | .79 | 99.98622 | |||||||||||||||||||
| A4 | 119.03 | Aaa/AAA | 3.72 | 39-48 | 2/18 | 7/15/19 | ISWP | +25 | 1.329 | 1.32 | 99.98064 | |||||||||||||||||||
| B | 14.96 | Aa2/AA | 4.01 | 48-48 | 2/18 | 8/15/19 | ISWP | +50 | 1.697 | 1.69 | 99.99599 | |||||||||||||||||||
| C | 22.44 | A2/A | 4.01 | 48-48 | 2/18 | 11/15/19 | ISWP | +75 | 1.947 | 1.93 | 99.96473 | |||||||||||||||||||
| D | 20.57 | Baa2/BBB | 4.01 | 48-48 | 2/18 | 8/17/20 | ISWP | +125 | 2.447 | 2.43 | 99.98236 | |||||||||||||||||||
| BILL & DELIVER: | BofAML | BBG TICKER: | CARMX 14-1 | |||
| REGISTRATION: | PUBLIC | EXPECTED RATINGS: | Moody’s/Fitch | |||
| EXPECTED SETTLE: | 2/12/14 | FIRST PAY DATE: | 3/17/14 | |||
| ERISA ELIGIBLE: | YES | PXG SPEED: | 1.3% ABS to Cal | |||
| DENOMS: | $5k/$1k |
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 www.sec.gov. 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 1-800-294-1322.
