<ARTICLE> 5 <LEGEND> Form 10-Q for the Quarterly Period Ending March 31, 1998 </LEGEND> <CIK> 0000949091 <NAME> Smart Choice Automotive Grp Inc <MULTIPLIER> 1,000 <PERIOD-TYPE> 3-MOS <FISCAL-YEAR-END> DEC-31-1998 <PERIOD-START> JAN-01-1998 <PERIOD-END> MAR-31-1998 <CASH> 2,394 <SECURITIES> 0 <RECEIVABLES> 54,311 <ALLOWANCES> 8,493 <INVENTORY> 17,429 <CURRENT-ASSETS> 65,641 <PP&E> 13,666 <DEPRECIATION> 4,540 <TOTAL-ASSETS> 104,893 <CURRENT-LIABILITIES> 20,452 <BONDS> 72,060 <PREFERRED-MANDATORY> 0 <PREFERRED> 1,492 <COMMON> 123 <OTHER-SE> 10,017 <TOTAL-LIABILITY-AND-EQUITY> 104,893 <SALES> 38,659 <TOTAL-REVENUES> 39,579 <CGS> 28,007 <TOTAL-COSTS> 7,980 <OTHER-EXPENSES> 16 <LOSS-PROVISION> 2,904 <INTEREST-EXPENSE> 1,910 <INCOME-PRETAX> 1,667 <INCOME-TAX> 0 <INCOME-CONTINUING> 1,667 <DISCONTINUED> 0 <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> 1,667 <EPS-PRIMARY> 0.15 <EPS-DILUTED> 0.14