v2.4.0.8
CarMax Auto Finance Income (Components Of CarMax Auto Finance Income) (Details) (USD $)
3 Months Ended 6 Months Ended
Aug. 31, 2013
Aug. 31, 2012
Aug. 31, 2013
Aug. 31, 2012
Auto Finance Income [Line Items]        
Interest and fee income $ 137,200,000 $ 123,500,000 $ 270,700,000 $ 243,800,000
Interest expense (22,600,000) (23,900,000) (45,400,000) (49,000,000)
Total interest margin 114,600,000 99,600,000 225,300,000 194,800,000
Provision for loan losses (18,000,000) (12,900,000) (29,300,000) (22,100,000)
Total interest margin after provision for loan losses 96,600,000 86,700,000 196,000,000 172,700,000
Other income (loss) 100,000 (200,000) 100,000 (200,000)
Payroll and fringe benefit expense (5,600,000) (5,400,000) (11,100,000) (10,700,000)
Other direct expenses (6,700,000) (5,400,000) (13,600,000) (10,900,000)
Total direct expenses (12,300,000) (10,800,000) (24,700,000) (21,600,000)
CarMax Auto Finance income 84,422,000 75,676,000 171,441,000 150,855,000
Total average managed receivables $ 6,516,300,000 $ 5,245,400,000 $ 6,334,400,000 $ 5,160,300,000
Interest And Fee Income [Member]
       
Auto Finance Income [Line Items]        
Item as percent of total average managed receivables 8.40% [1] 9.40% [1] 8.50% [1] 9.40% [1]
Interest Expense [Member]
       
Auto Finance Income [Line Items]        
Item as percent of total average managed receivables (1.40%) [1] (1.80%) [1] (1.40%) [1] (1.90%) [1]
Total Interest Margin [Member]
       
Auto Finance Income [Line Items]        
Item as percent of total average managed receivables 7.00% [1] 7.60% [1] 7.10% [1] 7.50% [1]
Provision For Loan Losses [Member]
       
Auto Finance Income [Line Items]        
Item as percent of total average managed receivables (1.10%) [1] (1.00%) [1] (0.90%) [1] (0.90%) [1]
Total Interest Margin After Provision For Loan Losses [Member]
       
Auto Finance Income [Line Items]        
Item as percent of total average managed receivables 5.90% [1] 6.60% [1] 6.20% [1] 6.70% [1]
Other Income Loss [Member]
       
Auto Finance Income [Line Items]        
Item as percent of total average managed receivables 0.00% [1] 0.00% [1] 0.00% [1] 0.00% [1]
Payroll And Fringe Benefit Expense [Member]
       
Auto Finance Income [Line Items]        
Item as percent of total average managed receivables (0.30%) [1] (0.40%) [1] (0.40%) [1] (0.40%) [1]
Other Direct Expenses [Member]
       
Auto Finance Income [Line Items]        
Item as percent of total average managed receivables (0.40%) [1] (0.40%) [1] (0.40%) [1] (0.40%) [1]
Total Direct Expenses [Member]
       
Auto Finance Income [Line Items]        
Item as percent of total average managed receivables (0.70%) [1] (0.80%) [1] (0.80%) [1] (0.80%) [1]
CarMax Auto Finance Income [Member]
       
Auto Finance Income [Line Items]        
Item as percent of total average managed receivables 5.20% [1] 5.80% [1] 5.40% [1] 5.80% [1]
[1] Annualized percent of total average managed receivables.