<Page> EXHIBIT 12.1 ASBURY AUTOMOTIVE GROUP, INC. COMPUTATION OF FINANCIAL RATIOS (IN THOUSANDS, EXCEPT RATIOS) <Table> <Caption> FOR THE THREE MONTHS ENDED FOR THE YEARS ENDED DECEMBER 31, ENDED MARCH 31, ----------------------------------------- ------------------------------ 1997 1998 1999 2000 2001 2001 2002 -------- -------- -------- -------- -------- -------- -------- RATIO OF EARNINGS TO FIXED CHARGES EARNINGS COMPUTATION: Income from continuing operations before net losses from unconsolidated affiliates, income taxes, minority interest, and extraordinary losses........................ $2,703 $17,647 $40,420 $ 51,841 $ 55,638 $10,650 $18,922 Fixed charges................................. 6,256 17,438 52,478 85,248 81,221 23,554 16,520 Capitalized interest.......................... -- -- -- -- (779) (195) (129) Net losses from unconsolidated affiliates..... -- -- (616) (6,066) (3,248) (1,000) (100) ------ ------- ------- -------- -------- ------- ------- Earnings for purposes of computation.......... $8,959 $35,085 $92,282 $131,023 $132,832 $33,009 $35,213 ====== ======= ======= ======== ======== ======= ======= FIXED CHARGES COMPUTATION: Interest expense.............................. $4,858 $14,834 $46,120 $ 77,153 $ 68,694 $20,500 $13,084 Amortization deferred financing fees.......... -- -- 716 564 3,197 875 1,044 Interest component of rent expense............ 1,398 2,604 5,642 7,531 8,551 1,984 2,263 Capitalized interest.......................... -- -- -- -- 779 195 129 ------ ------- ------- -------- -------- ------- ------- Fixed charges for purposes of computation..... $6,256 $17,438 $52,478 $ 85,248 $ 81,221 $23,554 $16,520 ====== ======= ======= ======== ======== ======= ======= RATIO OF EARNINGS TO FIXED CHARGES............ 1.43x 2.01x 1.76x 1.54x 1.64x 1.40x 2.13x ====== ======= ======= ======== ======== ======= ======= </Table>