Sonic Automotive, Inc. Exhibit 12.1
Year Ended December 31, Nine Months Ended - ---------------------------------------------------------------------------------------------------------- September 30, 1995 1996 1997 1998 1999 2000 - ---------------------------------------------------------------------------------------------------------- --------------- Fixed charges: Interest expense, other 436 433 1,199 9,395 21,586 31,200 Rent expense (interest factor) 326 363 716 3,494 8,806 13,245 - ---------------------------------------------------------------------------------------------------------- --------------- Total fixed charges 762 796 1,915 12,889 30,392 44,445 Income before income taxes 5,436 5,021 5,998 29,640 72,974 99,881 - ---------------------------------------------------------------------------------------------------------- --------------- Income before income taxes & fixed charges 6,198 5,817 7,913 42,529 103,366 144,326 ========================================================================================================== =============== Ratio of earnings to fixed charges 8.1x 7.3x 4.1x 3.3x 3.4x 3.2x ========================================================================================================== ===============