Sonic Automotive, Inc.

Exhibit 12.1

 

     Year Ended December 31,
    Six Months Ended June 30,
     (dollars in thousands)
     1998
    1999
    2000
    2001
    2002
    2002
    2003

Fixed charges:

                                   

Interest expense, other

    9,093    21,041    40,761    34,595    38,634    17,621    19,649

Rent expense (interest factor)

    2,543    6,909    15,522    18,717    22,244    10,499    12,393
    
  
  
  
  
  
  

Total fixed charges

    11,636    27,950    56,283    53,312    60,878    28,120    32,042

Income from continuing operations before income taxes and cummulative effect of change in accounting principle

    22,982    65,068    114,192    131,095    176,986    87,890    71,751
    
  
  
  
  
  
  

Income from continuing operations before income taxes and cummulative effect of change in accounting principle & fixed charges

    34,618    93,018    170,475    184,407    237,864    116,010    103,793
    
  
  
  
  
  
  

Ratio of earnings to fixed charges

    3.0x    3.3x    3.0x    3.5x    3.9x    4.1x    3.2x