UNITED STATES
                       SECURITIES AND EXCHANGE COMMISSION
                             Washington, D.C. 20549

                                    FORM 8-K

                                 CURRENT REPORT
     Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934


       Date of Report (Date of earliest event reported): March 30, 2005
                                                         --------------


                                  CARMAX, INC.
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             (Exact name of registrant as specified in its charter)


  Virginia                         1-31420                     54-1821055
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(State or other                  (Commission                  (IRS Employer
 jurisdiction                     File No.)                Identification No.)
of incorporation)


    4900 Cox Road, Glen Allen, Virginia                             23060
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   (Address of principal executive offices)                       (Zip Code)


        Registrant's telephone number, including area code: 804-747-0422
                                                            ------------

                                       N/A
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         (Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to
simultaneously satisfy the filing obligation of the registrant under any of the
following provisions:

[   ] Written communications pursuant to Rule 425 under the Securities Act (17
    CFR 230.425)

[   ] Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR
    240.14a-12)

[   ] Pre-commencement communications pursuant to Rule 14d-2(b) under the
    Exchange Act (17 CFR 240.14d-2(b))

[   ] Pre-commencement communications pursuant to Rule 13e-4(c) under the
    Exchange Act (17 CFR 240.13e-4(c))






Item 2.02            Results of Operations and Financial Condition
---------            ---------------------------------------------

                     The registrant issued a press release on March 30, 2005,
                     announcing its fourth quarter and fiscal year 2005 results.
                     The press release is being furnished as Exhibit 99.1
                     hereto and is incorporated by reference into
                     this Item 2.02.




Item 9.01            Financial Statements and Exhibits
---------            ---------------------------------
(c) Exhibits         The following exhibit is being furnished pursuant
                     to Item 2.02 above.

   99.1              Press release, dated March 30, 2005, issued by
                     CarMax, Inc., entitled "CARMAX REPORTS FOURTH QUARTER
                     AND FISCAL YEAR 2005 RESULTS; Releases Fiscal Year 2006 
                     Expectations."











                                    Signature


Pursuant to the requirements of the Securities Exchange Act of 1934, the
registrant has duly caused this report to be signed on its behalf by the
undersigned hereunto duly authorized.


                                    CARMAX, INC.


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





Date:  March 30, 2005









                                INDEX TO EXHIBITS




Exhibit
Number                              Exhibit
-------                             -------


 99.1           Press release dated March 30, 2005, entitled "CARMAX REPORTS 
                FOURTH QUARTER AND FISCAL YEAR 2005 RESULTS; Releases Fiscal 
                Year 2006 Expectations."