<ARTICLE> 5 <LEGEND> Form 10-Q For The Quarterly Period Ending March 31, 1999 </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-01-1999 <PERIOD-END> MAR-31-1999 <CASH> 2,424 <SECURITIES> 0 <RECEIVABLES> 91,216 <ALLOWANCES> 13,656 <INVENTORY> 19,294 <CURRENT-ASSETS> 0 <PP&E> 7,682 <DEPRECIATION> 226 <TOTAL-ASSETS> 133,152 <CURRENT-LIABILITIES> 0 <BONDS> 0 <PREFERRED-MANDATORY> 0 <PREFERRED> 5,891 <COMMON> 72 <OTHER-SE> 1,360 <TOTAL-LIABILITY-AND-EQUITY> 133,152 <SALES> 28,577 <TOTAL-REVENUES> 28,577 <CGS> 16,813 <TOTAL-COSTS> 27,172 <OTHER-EXPENSES> 2,354 <LOSS-PROVISION> 3,837 <INTEREST-EXPENSE> 2,354 <INCOME-PRETAX> (1,723) <INCOME-TAX> 0 <INCOME-CONTINUING> (1,723) <DISCONTINUED> (649) <EXTRAORDINARY> 0 <CHANGES> 0 <NET-INCOME> (2,373) <EPS-PRIMARY> (0.38) <EPS-DILUTED> (0.38)