Exhibit 12.1

AMERICREDIT CORP.

STATEMENT RE COMPUTATION OF RATIOS

(dollars in thousands)



|                                   |  |                      |         |   |      |   |           |  |      |         |      |   |         |  |   |        
|---------------------------------- |  | -------------------- | ------- | - | ---- | - | --------- |  | ---- | ------- | ---- | - | ------- |  | - | -------
|                                   |  | Years Ended June 30,
|                                   |  | 2008                 |         |   | 2007 |   | 2006      |  | 2005 |         | 2004
|COMPUTATION OF EARNINGS:           |  |                      |         |   |      |   |           |  |      |         |      |   |         |  |   |        
|                                   |  |                      |         |   |     
|Income before income taxes         |  | $                    | (92,179 | ) |      | $ | 532,067   |  | $    | 485,235 |      | $ | 452,399 |  | $ | 365,116
|                                   |  |                      |         |   |     
|Fixed charges                      |  |                      | 833,382 |   |      |   | 686,358   |  |      | 425,180 |      |   | 269,146 |  |   | 261,137
|                                   |  |                      |         |   |      |   |           |  |      |         |      |   |         |  |   |        
|                                   |  | $                    | 741,203 |   |      | $ | 1,218,425 |  | $    | 910,415 |      | $ | 721,545 |  | $ | 626,253
|                                   |  |                      |         |   |      |   |           |  |      |         |      |   |         |  |   |        
|                                   |  |                      |         |   |     
|COMPUTATION OF FIXED CHARGES:      |  |                      |         |   |      |   |           |  |      |         |      |   |         |  |   |        
|                                   |  |                      |         |   |     
|Fixed charges: (a)                 |  |                      |         |   |      |   |           |  |      |         |      |   |         |  |   |        
|Interest expense (b)               |  | $                    | 827,219 |   |      | $ | 680,825   |  | $    | 419,360 |      | $ | 264,276 |  | $ | 251,963
|                                   |  |                      |         |   |     
|Implicit interest in rent          |  |                      | 6,163   |   |      |   | 5,533     |  |      | 5,820   |      |   | 4,870   |  |   | 9,174  
|                                   |  |                      |         |   |      |   |           |  |      |         |      |   |         |  |   |        
|                                   |  | $                    | 833,382 |   |      | $ | 686,358   |  | $    | 425,180 |      | $ | 269,146 |  | $ | 261,137
|                                   |  |                      |         |   |      |   |           |  |      |         |      |   |         |  |   |        
|                                   |  |                      |         |   |     
|RATIO OF EARNINGS TO FIXED CHARGES |  |                      | (c      | ) |      |   | 1.8x      |  |      | 2.1x    |      |   | 2.7x    |  |   | 2.4x   
|                                   |  |                      |         |   |      |   |           |  |      |         |      |   |         |  |   |        



|(a) | For purposes of such computation, the term fixed charges represents interest expense, including amortization of debt issuance costs, and a portion of rentals
representative of an implicit interest factor for such rentals.
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|(b) | For the year ended June 30, 2008, interest expense excludes $10.2 million of non-cash amortization of warrants.
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|(c) | As a result of the $212.6 million pre-tax write-off of goodwill, the amount of the coverage deficiency for the year ended June 30, 2008, was approximately $92.2 million.
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