| Sonic Automotive, Inc. | Exhibit 12.1 |
| Year Ended December 31, | Nine Months Ended September 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 | $ | 28,136 | 30,066 | ||||||||
Rent expense (interest factor) | 2,543 | 6,909 | 15,522 | 18,717 | 22,244 | 16,097 | 18,678 | ||||||||||||||
Total fixed charges | 11,636 | 27,950 | 56,283 | 53,312 | 60,878 | 44,233 | 48,744 | ||||||||||||||
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 | 140,120 | 100,460 | ||||||||||||||
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 | $ | 184,353 | $ | 149,204 | |||||||
Ratio of earnings to fixed charges | 3.0x | 3.3x | 3.0x | 3.5x | 3.9x | 4.2x | 3.1x | ||||||||||||||