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                                                                EXHIBIT 10.1.8.3

                             UNITED AUTO GROUP, INC.
                          2002 EQUITY COMPENSATION PLAN

1. DEFINITIONS: As used herein, the following definitions shall apply:

         (a) "Award" shall mean any stock option, stock appreciation right,
restricted stock, restricted stock unit, performance share award or other
stock-based award granted under the Plan.

         (b) "Committee" shall mean a committee consisting of two or more
members of the Board of Directors of the Corporation, each of whom (1) shall be
an "outside director" as defined under Section 162(m) of the Internal Revenue
Code of 1986, as amended (the "CODE"), and the Treasury Regulations thereunder,
and (2) shall be a "non-employee director" as defined under Rule 16b-3 of the
Rules and Regulations under the Securities Exchange Act of 1934, as amended, or
any similar or successor provision, as appointed by the Board of Directors of
the Corporation to administer the Plan.

         (c) "Corporation" shall mean United Auto Group, Inc., a Delaware
corporation, or any successor thereof.

         (d) "Discretion" shall mean in the sole discretion of the Committee,
with no requirement whatsoever that the Committee follow past practices, act in
a manner consistent with past practices, or treat a Participant (as hereinafter
defined) in a manner consistent with the treatment afforded other Participants
with respect to the Plan.

         (e) "Incentive Option" shall mean an option to purchase Common Stock of
the Corporation which meets the requirements set forth in the Plan and also
meets the definition of an incentive stock option set forth in Section 422 of
the Code.

         (f) "Nonqualified Option" shall mean an option to purchase Common Stock
of the Corporation which meets the requirements set forth in the Plan but does
not meet the definition of an incentive stock option set forth in Section 422 of
the Code.

         (g) "Other stock-based award" shall mean any right granted under
Paragraph 20 of the Plan.

         (h) "Participant" shall mean any individual designated by the Committee
under Paragraph 6 for participation in the Plan who is (i) a key employee
(including an officer or director who is also a key employee) of the Corporation
or any Subsidiary, (ii) a director who is not an employee of the Corporation or
any Subsidiary (hereinafter sometimes referred to as an "outside director"), and
(iii) a consultant or advisor of the Corporation or any Subsidiary.

         (i) "Performance share" shall mean a grant of Common Stock of the

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Corporation upon the attainment of one or more performance goals during a
performance period established by the Committee, as provided in Paragraph 19.

         (j) "Plan" shall mean this United Auto Group, Inc. 2002 Equity
Compensation Plan.

         (k) "Restricted stock" shall mean a grant of Common Stock of the
Corporation which is subject to restrictions against transfer, forfeiture and
such other terms and conditions determined by the Committee, as provided in
Paragraph 18.

         (l) "Restricted stock unit" shall mean a grant of a right to obtain the
value of a share of Common Stock of the Corporation which is subject to
restrictions against transfer, forfeiture and such other terms and conditions
determined by the Committee, as provided in Paragraph 18.

         (m) "Stock appreciation right" shall mean a right to receive the
appreciation in value, or a portion of the appreciation in value, of a specified
number of shares of the Common Stock of the Corporation, as provided in
Paragraph 12.

         (n) "Subsidiary" shall mean any corporation, limited liability company,
partnership or any other entity in which the Corporation owns, directly or
indirectly, stock or other ownership interest therein, possessing more than
twenty-five percent (25%) of the combined voting power of all classes of stock
or other ownership interest.

2. PURPOSE OF PLAN: The purpose of the Plan is to provide key employees
(including officers and directors who are also key employees), outside
directors, consultants and advisors of the Corporation and its Subsidiaries with
incentives to make significant and extraordinary contributions to the long-term
performance and growth of the Corporation and its Subsidiaries, to join the
interests of key employees, outside directors, consultants and advisors with the
interests of the shareholders of the Corporation, and to facilitate attracting
and retaining key employees, outside directors, consultants and advisors with
exceptional abilities.

3. ADMINISTRATION: The Plan shall be administered by the Committee. Subject to
the provisions of the Plan, the Committee shall determine, from those eligible
to be Participants under the Plan, the persons to be granted Awards, the type of
Awards and the amount of stock or rights covered by Awards to be granted to each
such person, and the terms and conditions of any Awards. Subject to the
provisions of the Plan, the Committee is authorized to interpret the Plan, to
promulgate, amend and rescind rules and regulations relating to the Plan and to
make all other determinations necessary or advisable for its administration.
Interpretation and construction of any provision of the Plan by the Committee
shall, unless otherwise determined by the Board of Directors of the Corporation,
be final and conclusive. A majority of the Committee shall constitute a quorum,
and the acts approved by a majority of the members present at any meeting at
which a quorum is present, or acts approved in writing by a majority of the
Committee, shall be the acts of the Committee.

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4. INDEMNIFICATION OF COMMITTEE MEMBERS: In addition to such other rights of
indemnification as they may have, the members of the Committee shall be
indemnified by the Corporation against the reasonable expenses, including
attorneys' fees, actually and necessarily incurred in connection with the
defense of any action, suit or proceeding, or in connection with any appeal
therein, to which they or any of them may be a party by reason of any action
taken or failure to act under or in connection with the Plan or any Award
granted hereunder, and against all amounts paid by them in settlement thereof
(provided such settlement is approved by the Board of Directors of the
Corporation) or paid by them in satisfaction of a judgment in any such action,
suit or proceeding, except in relation to matters as to which it shall be
determined in such action, suit or proceeding that such Committee member has
acted in bad faith; provided, however, that within sixty (60) days after receipt
of notice of institution of any such action, suit or proceeding, a Committee
member shall offer the Corporation in writing the opportunity, at its own cost,
to handle and defend the same.

5. MAXIMUM NUMBER OF SHARES SUBJECT TO PLAN: The maximum number of shares of
stock which may be issued pursuant to Awards granted under the Plan or with
respect to which Awards may be granted under the Plan shall not exceed in the
aggregate 2,100,000 shares of Common Stock of the Corporation (subject to
adjustments as provided in this Paragraph 5). Any shares that are delivered by
the Corporation, and any awards or grants that are made by, or become
obligations of, the Corporation through the assumption by the Corporation or a
Subsidiary of, or in substitution for, outstanding awards or grants previously
made by an acquired company, shall not be counted against the number of shares
available under the Plan. Consistent with the purpose of the Plan and with a
view to avoiding over or under counting, the Committee shall, in its Discretion,
determine the number of shares to charge against the shares remaining available
under the Plan as a result of the grant or settlement of Awards made under the
Plan. If any shares covered by an Award or to which an Award relates are
forfeited, or if an Award otherwise terminates without the delivery of shares or
of other consideration, then the shares covered by such Award, or to which such
Award relates, or the number of shares otherwise counted against the aggregate
number of shares available under the Plan with respect to such Award, to the
extent of any such forfeiture or termination, shall again be, or shall become,
available for granting Awards under the Plan.

The maximum number of shares with respect to which Awards may be granted to any
Participant during the term of the Plan shall not exceed 500,000 shares of
Common Stock of the Corporation (subject to adjustments as provided in this
Paragraph 5). All shares with respect to which an Award is granted shall be
counted for purposes of this per-person share limitation, regardless of whether
the Participant did not realize the benefit of the Award as a result of
forfeiture, cancellation, expiration, termination or other event.

The number of shares with respect to each outstanding Award, the option price
with respect to outstanding stock options, the grant value with respect to
outstanding stock appreciation rights, the aggregate number of shares available
at any time under the Plan, and the maximum number of shares with respect to
which Awards may be made to an individual Participant during the term of the
Plan shall be subject to such adjustment as

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the Committee, in its Discretion, deems appropriate to reflect such events as
stock dividends, stock splits, recapitalizations, mergers, consolidations or
reorganizations of or by the Corporation; provided, however, that no fractional
shares shall be issued pursuant to the Plan, no Awards may be granted under the
Plan with respect to fractional shares, and any fractional shares resulting from
such adjustments shall be eliminated from any outstanding Award.

6. PARTICIPANTS: The Committee shall determine and designate from time to time,
in its Discretion, those key employees (including officers and directors who are
also key employees), outside directors, consultants or advisors of the
Corporation or any Subsidiary to receive Awards who, in the judgment of the
Committee, are or will become responsible for the direction and financial
success of the Corporation or any Subsidiary.

7. WRITTEN AGREEMENT: Each Award granted under the Plan shall be evidenced by a
written agreement between the Corporation and the Participant which shall
contain such provisions as may be approved by the Committee. Such agreements
shall constitute binding contracts between the Corporation and the Participant,
and every Participant, upon acceptance of such agreement, shall be bound by the
terms and restrictions of the Plan and of such agreement. The terms of each such
agreement shall be in accordance with the Plan, but the agreements may include
such additional provisions and restrictions determined by the Committee,
provided that such additional provisions and restrictions do not violate the
terms of the Plan.

8. ALLOTMENT OF SHARES: The Committee shall determine and fix, in its
Discretion, the number of shares with respect to which each Participant may be
granted Awards; provided, however, that no Incentive Option may be granted under
the Plan to any one Participant which would result in the aggregate fair market
value, determined as of the date the option is granted, of underlying stock with
respect to which Incentive Options are exercisable for the first time by such
Participant during any calendar year under any plan maintained by the
Corporation (or any parent or Subsidiary of the Corporation) exceeding $100,000.

9. STOCK OPTIONS: Subject to the terms of the Plan, the Committee, in its
Discretion, may grant to Participants either Incentive Options, Nonqualified
Options or any combination thereof; provided, however, that an Incentive Option
may only be granted to an employee of the Corporation or a Subsidiary, and in
the case of a Subsidiary only if (i) the Subsidiary is treated as a disregarded
entity owned by the Corporation, or (ii) the Subsidiary is a corporation (or is
treated as a disregarded entity owned by a corporation) fifty percent or more of
the combined voting power of all classes of stock of which is owned, directly or
indirectly, by the Corporation. Each option granted under the Plan shall
designate the number of shares covered thereby, if any, with respect to which
the option is an Incentive Option, and the number of shares covered thereby, if
any, with respect to which the option is a Nonqualified Option.

10. STOCK OPTION PRICE: Subject to the rules set forth in this Paragraph 10, at
the time any stock option is granted, the Committee, in its Discretion, shall
establish the price per share for which the shares covered by the option may be
purchased. With respect to

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an Incentive Option, such option price shall not be less than 100% of the fair
market value of the stock on the date on which such option is granted; provided,
however, that with respect to an Incentive Option granted to a Participant who
at the time of the grant owns (after applying the attribution rules of Section
424(d) of the Code) more than 10% of the total combined voting stock of the
Corporation or of any parent or Subsidiary, the option price shall not be less
than 110% of the fair market value of the stock on the date such option is
granted. With respect to a Nonqualified Option, the option price shall not be
less than 50% of the fair market value of the stock on the date such option is
granted. Fair market value of a share shall be determined by the Committee and
may be determined by taking the mean between the highest and lowest quoted
selling prices of the Corporation's stock on any exchange or other market on
which the shares of Common Stock of the Corporation shall be traded on such date
or, if there are no sales on such date, on the next following day on which there
are sales. The option price shall be subject to adjustment in accordance with
the provisions of Paragraph 5 of the Plan.

11. PAYMENT OF STOCK OPTION PRICE: At the time of the exercise in whole or in
part of any stock option granted hereunder, payment of the option price in full
in cash or, with the consent of the Committee, in Common Stock of the
Corporation shall be made by the Participant for all shares so purchased. In the
Discretion of, and subject to such conditions as may be established by, the
Committee, payment of the option price may also be made by the Corporation
retaining from the shares to be delivered upon exercise of the stock option that
number of shares having a fair market value on the date of exercise equal to the
option price of the number of shares with respect to which the Participant
exercises the option. In the Discretion of the Committee, a Participant may
exercise an option, if then exercisable, in whole or in part, by delivery to the
Corporation of written notice of the exercise in such form as the Committee may
prescribe, accompanied by irrevocable instructions to a stock broker to promptly
deliver to the Corporation full payment for the shares with respect to which the
option is exercised from the proceeds of the stock broker's sale of or loan
against some or all of the shares (a "Regulation T Stock Option Exercise"). In
the event the Corporation then has in effect a stock repurchase program, in its
Discretion and subject to such terms and conditions as it may impose, the
Committee may permit a Participant to exercise an option and pay the option
price by delivering to the Corporation a written notice of exercise which
includes a request that the Corporation repurchase (and retain the repurchase
price of) that number of the option shares having a fair market value on the
date of exercise equal to the option price of the number of shares with respect
to which the Participant exercises the option. Such payment may also be made in
such other manner as the Committee determines is appropriate, in its Discretion.
No Participant shall have any of the rights of a shareholder of the Corporation
under any stock option until the actual issuance of shares to said Participant,
and prior to such issuance no adjustment shall be made for dividends,
distributions or other rights in respect of such shares, except as provided in
Paragraph 5.

12. STOCK APPRECIATION RIGHTS: Subject to the terms of the Plan, the Committee
may grant stock appreciation rights to Participants either in conjunction with,
or independently of, any stock options granted under the Plan. A stock
appreciation right granted in conjunction with a stock option may be an
alternative right wherein the exercise of the stock option terminates the stock
appreciation right to the extent of the number of

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shares purchased upon exercise of the stock option and, correspondingly, the
exercise of the stock appreciation right terminates the stock option to the
extent of the number of shares with respect to which the stock appreciation
right is exercised. Alternatively, a stock appreciation right granted in
conjunction with a stock option may be an additional right wherein both the
stock appreciation right and the stock option may be exercised. A stock
appreciation right may not be granted in conjunction with an Incentive Option
under circumstances in which the exercise of the stock appreciation right
affects the right to exercise the Incentive Option or vice versa, unless the
stock appreciation right, by its terms, meets all of the following requirements:

                  (a)      the stock appreciation right will expire no later
                           than the Incentive Option;

                  (b)      the stock appreciation right may be for no more than
                           the difference between the option price of the
                           Incentive Option and the fair market value of the
                           shares subject to the Incentive Option at the time
                           the stock appreciation right is exercised;

                  (c)      the stock appreciation right is transferable only
                           when the Incentive Option is transferable, and under
                           the same conditions;

                  (d)      the stock appreciation right may be exercised only
                           when the Incentive Option is eligible to be
                           exercised; and

                  (e)      the stock appreciation right may be exercised only
                           when the fair market value of the shares subject to
                           the Incentive Option exceeds the option price of the
                           Incentive Option.

Upon exercise of a stock appreciation right, a Participant shall be entitled to
receive, without payment to the Corporation (except for applicable withholding
taxes), an amount equal to the excess of or, in the Discretion of the Committee,
a portion of the excess of (i) the then aggregate fair market value of the
number of shares with respect to which the Participant exercises the stock
appreciation right, over (ii) the aggregate fair market value of such number of
shares at the time the stock appreciation right was granted. This amount shall
be payable by the Corporation, in the Discretion of the Committee, in cash, in
shares of Common Stock of the Corporation, in other property or any combination
thereof.

13. GRANTING AND EXERCISE OF STOCK OPTIONS AND STOCK APPRECIATION RIGHTS:
Subject to the provisions of this Paragraph 13, each stock option and stock
appreciation right granted hereunder shall be exercisable at any such time or
times or in any such installments as may be determined by the Committee at the
time of the grant; provided, however, that the aggregate fair market value
(determined at the time the option is granted) of the stock with respect to
which Incentive Options are exercisable for the first time by a Participant
during any calendar year shall not exceed $100,000. A Participant may exercise a
stock option or stock appreciation right, if then exercisable, in whole or in
part, by delivery to the Corporation of written notice of the exercise, in such
form as the

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Committee may prescribe, accompanied, in the case of a stock option, by payment
for the shares with respect to which the stock option is exercised as provided
in Paragraph 11 (unless the Committee, in its Discretion, permits a cashless
form of option exercise permitted by Paragraph 11). Except as provided in
Paragraph 17, stock options and stock appreciation rights may be exercised only
while the Participant is an employee, outside director, consultant or advisor,
as the case may be, of the Corporation or a Subsidiary. Successive stock options
and stock appreciation rights may be granted to the same Participant, whether or
not the stock option(s) and stock appreciation right(s) previously granted to
such Participant remain unexercised. A Participant may exercise a stock option
or stock appreciation right, if then exercisable, notwithstanding that stock
options and stock appreciation rights previously granted to such Participant
remain unexercised.

14. NON-TRANSFERABILITY OF STOCK OPTIONS AND STOCK APPRECIATION RIGHTS: No stock
option or stock appreciation right granted under the Plan to a Participant shall
be transferable by such Participant otherwise than by will, or by the laws of
descent and distribution, and stock options and stock appreciation rights shall
be exercisable, during the lifetime of the Participant, only by the Participant.
Notwithstanding the foregoing, in its Discretion and subject to such terms and
conditions as it may prescribe, the Committee may permit a Participant to
transfer a Nonqualified Option or a related or independently granted stock
appreciation right.

15. TERM OF STOCK OPTIONS AND STOCK APPRECIATION RIGHTS: If not sooner
terminated, each stock option and stock appreciation right granted hereunder
shall expire not more than ten (10) years from the date of the granting thereof;
provided, however, that with respect to an Incentive Option granted to a
Participant who, at the time of the grant, owns (after applying the attribution
rules of Section 424(d) of the Code) more than 10% of the total combined voting
stock of all classes of stock of the Corporation or any parent or Subsidiary,
such option shall expire not more than five (5) years after the date of granting
thereof.

16. CONTINUATION OF EMPLOYMENT: The Committee may require, in its Discretion,
that any Participant under the Plan to whom a stock option or a stock
appreciation right shall be granted shall agree in writing as a condition of the
granting of such stock option or stock appreciation right to remain an employee,
consultant, advisor or outside director of the Corporation or a Subsidiary, as
the case may be, for a designated minimum period from the date of the granting
of such stock option or stock appreciation right as shall be fixed by the
Committee, and the Committee may further require, in its Discretion, that any
Participant agree in writing to comply with any confidentiality,
non-solicitation, non-competition and non-disparagement provisions and covenants
that the Committee may require as a condition precedent to the exercise of a
stock option or a stock appreciation right.

17. TERMINATION OF EMPLOYMENT: If the employment of an employee Participant
terminates, if the consultancy or advisorship of a consultant or advisor
Participant terminates, or if an outside director Participant ceases to be a
director (hereinafter collectively referred to as a "termination of
employment"), the Committee may, in its

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Discretion, permit the exercise of stock options and stock appreciation rights
granted to such Participant (a) for a period not to exceed three months
following such termination of employment (or one year following termination of
employment on account of the Participant's death or permanent disability) with
respect to Incentive Options or related stock appreciation rights, and (b) for a
period not to extend beyond the expiration date with respect to Nonqualified
Options or related or independently granted stock appreciation rights. In no
event, however, shall a stock option or a stock appreciation right be
exercisable subsequent to its expiration date. A stock option or stock
appreciation right may only be exercised after a Participant's termination of
employment to the extent exercisable on the date of termination of employment;
provided, however, that if the termination of employment is due to the
Participant's death, permanent disability or retirement at a retirement age
permitted under the Corporation's or Subsidiary's retirement plan or policies,
or if the termination of employment results from action by the Corporation or a
Subsidiary without cause or from an agreement between the Corporation or a
Subsidiary and the Participant (hereinafter collectively referred to as a
"qualifying termination of employment"), the Committee, in its Discretion, may
permit all or part of the stock options and stock appreciation rights granted to
such Participant to thereupon become exercisable in full or in part. For
purposes of this Paragraph 17 and any other provision of the Plan where the term
is used, the Committee's definition of "cause" shall be final and conclusive.

18. RESTRICTED STOCK OR RESTRICTED STOCK UNITS: Subject to the terms of the
Plan, the Committee may award Participants shares of restricted stock and/or the
Committee may grant Participants restricted units with respect to a specified
number of shares of stock. All shares of restricted stock and all restricted
stock units granted to Participants under the Plan shall be subject to the
following terms and conditions (and to such other terms and conditions
prescribed by the Committee):

         (a)      At the time of each award of restricted shares or restricted
                  stock units, there shall be established for the shares or
                  units a restricted period, which period may differ among
                  Participants and may have different expiration dates with
                  respect to portions of shares or units covered by the same
                  award.

         (b)      Shares of restricted stock or restricted stock units awarded
                  to Participants may not be sold, assigned, transferred,
                  pledged, hypothecated or otherwise encumbered during the
                  restricted period applicable to such shares or units. Except
                  for such restrictions on transfer, a Participant may be
                  provided all of the rights of a shareholder in respect of
                  restricted shares including, but not limited to, the right to
                  receive dividends on, and the right to vote, the shares. A
                  Participant shall have no ownership interest in shares of
                  stock with respect to which restricted stock units are
                  granted; provided, however, that the Committee may, in its
                  Discretion, permit payment to such Participant of dividend
                  equivalents on such units equal to the amount of dividends, if
                  any, which are paid on that number of shares with respect to
                  which the restricted stock units are granted.

         (c)      If there is a termination of employment of a Participant, all
                  shares or units

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                  theretofore awarded to the Participant which are still subject
                  to the restrictions imposed by Paragraph 18(b) shall upon such
                  termination of employment be forfeited and transferred back to
                  the Corporation, without payment of any consideration by the
                  Corporation; provided, however, that in the event of a
                  qualifying termination of employment, the Committee may, in
                  its Discretion, release some or all of the shares or units
                  from the restrictions.

         (d)      Shares of restricted stock granted under the Plan may be
                  evidenced in such manner as the Committee may deem
                  appropriate, including, without limitation, book-entry
                  registration or issuance of stock certificates. If stock
                  certificates are issued in respect of shares of restricted
                  stock, such certificates shall be registered in the name of
                  the Participant, deposited with the Corporation or its
                  designee, together with a stock power endorsed in blank, and,
                  in the Discretion of the Committee, a legend shall be placed
                  upon such certificates reflecting that the shares represented
                  thereby are subject to restrictions against transfer and
                  forfeiture.

         (e)      At the expiration of the restricted period applicable to
                  restricted shares, the Corporation shall deliver to the
                  Participant or the legal representative of the Participant's
                  estate stock certificates for such shares. If stock
                  certificates were previously issued for the shares and a
                  legend has been placed on such certificates, the Corporation
                  shall cause such certificates to be reissued without the
                  legend.

         (f)      At the expiration of the restricted period applicable to
                  restricted stock units, the Corporation shall pay to the
                  Participant an amount equal to the then fair market value of
                  that number of shares to which such restricted stock units
                  relate. In the Discretion of the Committee, such amount may be
                  paid in cash, stock, other property or any combination
                  thereof. Moreover, in the Discretion of the Committee, such
                  amount may be paid in a lump sum or in installments, currently
                  upon expiration of the restricted period or on a deferred
                  basis, with provision for the payment or crediting of a
                  dividend equivalent or reasonable rate of interest on
                  installment or deferred payments in the Discretion of the
                  Committee.

In the case of events such as stock dividends, stock splits, recapitalizations,
mergers, consolidations or reorganizations of or by the Corporation, any stock,
securities or other property which a Participant receives or is entitled to
receive by reason of his ownership of restricted shares shall, unless otherwise
determined by the Committee, be subject to the same restrictions applicable to
the restricted shares.

19. PERFORMANCE SHARES: The Committee may grant to a Participant the right to
obtain performance shares subject to the following terms and conditions:

         (a)      The Participant's right to obtain performance shares shall be
                  subject to attainment of one or more performance goals over a
                  performance period

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                  prescribed by the Committee.

         (b)      The performance goal applicable to an award to a Participant
                  of the right to obtain performance shares shall be based upon
                  free cash flow, cash flow return on investment, stock price,
                  market share, sales, revenues, earnings per share, return on
                  equity, total stockholder return, costs, net income, working
                  capital turnover, inventory or receivable turnover and/or
                  margins of the Corporation, a Subsidiary, or a division or
                  unit thereof. The specific targets and other details of the
                  performance goal shall be established by the Committee in its
                  Discretion. A performance goal must, however, be objective so
                  that a third party with knowledge of the relevant facts could
                  determine whether the goal has been attained.

         (c)      The performance goal applicable to an award to a Participant
                  of the right to obtain performance shares shall be established
                  by the Committee in writing at any time during the period
                  beginning on the date of the award and ending on the earlier
                  of (i) ninety (90) days after commencement of the performance
                  period applicable to the award, or (ii) expiration of the
                  first 25% of the performance period; provided, however, that
                  there must be substantial uncertainty whether a performance
                  goal will be attained at the time it is established by the
                  Committee.

         (d)      The performance goal established by the Committee must
                  prescribe an objective formula or standard, that could be
                  applied by a third party having knowledge of the relevant
                  performance results, to compute the number of performance
                  shares issuable to the Participant if the goal is attained.

         (e)      Unless otherwise determined by the Committee in the case of a
                  Participant who dies or becomes permanently disabled,
                  performance shares shall be issued to a Participant only after
                  (i) expiration of the performance period and attainment of the
                  performance goal applicable to the award, and (ii) issuance of
                  a written certification by the Committee (including approved
                  minutes of the meeting of the Committee at which the
                  certification is made) that the performance goal and any other
                  material terms of the award have been attained or satisfied.

         (f)      No Participant shall have any of the rights of a shareholder
                  of the Corporation in respect of the shares covered by a
                  performance share award until the actual issuance of the
                  shares to said Participant and, prior to such issuance, no
                  adjustments shall be made for dividends, distributions or
                  other rights in respect of such shares, except as provided in
                  Paragraph 5.

         (g)      In its Discretion and subject to such terms and conditions as
                  it may impose, the Committee may permit a Participant to elect
                  to defer receipt of performance shares to a time later than
                  the time the shares otherwise would be issued to the
                  Participant. In such event, the Committee may, in its
                  Discretion, provide for the payment by the Corporation of a
                  dividend

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                  equivalent or interest at a rate determined by the Committee.

         (h)      In the Discretion of the Committee, in lieu of settling a
                  performance share award by issuance of shares of Common Stock
                  of the Corporation to a Participant, all or a portion of the
                  award may be settled by payment of cash or other property to
                  the Participant in an amount or having a value equal to the
                  then value of the otherwise issuable shares; provided,
                  however, that the amount of cash and the value of any other
                  property paid to any Participant during any calendar year in
                  settlement of a performance share award shall not exceed $5.0
                  Million.

         (i)      Unless otherwise determined by the Committee, performance
                  shares or rights therein awarded to a Participant may not be
                  sold, assigned, transferred, pledged, hypothecated or
                  otherwise encumbered by the Participant at any time before
                  actual issuance of the shares to the Participant.

         (j)      In its Discretion, the Committee may subject a performance
                  share award to a Participant to any other terms or conditions
                  not inconsistent with the foregoing, including, without
                  limitation, a requirement that the Participant remain an
                  employee of the Corporation or a Subsidiary (including at or
                  above a specified salary grade), or that the Participant
                  remain a consultant, advisor or outside director of the
                  Corporation or a Subsidiary, for the entire performance period
                  applicable to the award.

Performance share awards under the Plan are intended to constitute qualified
performance-based compensation for purposes of Section 162(m)(4)(C) of the Code
and the Treasury Regulations thereunder, and the provisions of this Paragraph 19
(and the other provisions of the Plan relating to performance share awards)
shall be interpreted and administered to effectuate that intent. Moreover, the
Committee may revise or modify the terms of an outstanding performance share
award to the extent the Committee determines, in its Discretion, that such
revision or modification is necessary for such award to constitute qualified
performance-based compensation.

20. OTHER STOCK-BASED AWARDS: The Committee may grant to Participants such other
awards that are denominated or payable in, valued in whole or in part by
reference to, or otherwise based on or related to, shares of Common Stock of the
Corporation as are deemed by the Committee, in its Discretion, to be consistent
with the purposes of the Plan; provided, however, that such grants must comply
with applicable law.

21. INVESTMENT PURPOSE: If the Committee, in its Discretion, determines that as
a matter of law such procedure is or may be desirable, it may require a
Participant, upon any acquisition of stock hereunder and as a condition to the
Corporation's obligation to deliver certificates representing such shares, to
execute and deliver to the Corporation a written statement in form satisfactory
to the Committee, representing and warranting that the Participant's acquisition
of shares of stock shall be for such person's own account, for investment and
not with a view to the resale or distribution thereof and that any

<PAGE>

subsequent offer for sale or sale of any such shares shall be made either
pursuant to (a) a Registration Statement on an appropriate form under the
Securities Act of 1933, as amended (the "Securities Act"), which Registration
Statement has become effective and is current with respect to the shares being
offered and sold, or (b) a specific exemption from the registration requirements
of the Securities Act, but in claiming such exemption the Participant shall,
prior to any offer for sale or sale of such shares, obtain a favorable written
opinion from counsel for or approved by the Corporation as to the availability
of such exemption. The Corporation may endorse an appropriate legend referring
to the foregoing restriction upon the certificate or certificates representing
any shares issued or transferred to the Participant under the Plan.

22 RIGHTS TO CONTINUED EMPLOYMENT: Nothing contained in the Plan or in any Award
granted pursuant to the Plan, nor any action taken by the Committee hereunder,
shall confer upon any Participant any right with respect to continuation of
employment or service as an employee, consultant, advisor or outside director of
the Corporation or a Subsidiary nor interfere in any way with the right of the
Corporation or a Subsidiary to terminate such person's employment or service at
any time with or without cause.

23. WITHHOLDING PAYMENTS: If, upon the grant, exercise, release of restrictions
or settlement of or in respect of an Award, or upon any other event or
transaction under or relating to the Plan, there shall be payable by the
Corporation or a Subsidiary any amount for income or employment tax withholding,
in the Committee's Discretion, either the Corporation shall appropriately reduce
the amount of stock, cash or other property to be paid to the Participant or the
Participant shall pay such amount to the Corporation or Subsidiary to enable it
to pay or to reimburse it for paying such income or employment tax withholding.
The Committee may, in its Discretion, permit Participants to satisfy such
withholding obligations, in whole or in part, by electing to have the amount of
Common Stock delivered or deliverable by the Corporation in respect of an Award
appropriately reduced, or by electing to tender Common Stock back to the
Corporation subsequent to receipt of such stock in respect of an Award. The
Corporation or any of its Subsidiaries shall also have the right to withhold the
amount of such taxes from any other sums or property due or to become due from
the Corporation or any of its Subsidiaries to the Participant upon such terms
and conditions as the Committee shall prescribe. The Corporation may also defer
issuance of stock under the Plan until payment by the Participant to the
Corporation or any of its Subsidiaries of the amount of any such tax. In the
case of a Regulation T Stock Option Exercise, the Committee may in its
Discretion permit the Participant to irrevocably instruct a stock broker to
promptly deliver to the Corporation an amount (in addition to the option
exercise price) equal to any withholding tax owing in respect of such option
exercise from the proceeds of the stock broker's sale of or loan against some or
all of the shares. In the event the Corporation then has in effect a stock
repurchase program, in its Discretion and subject to such terms and conditions
as it may impose, the Committee may permit Participants to satisfy their
withholding tax obligations by requesting that the Corporation repurchase (and
retain the repurchase price of) that number of shares issuable or issued under
the Plan having a then fair market value equal to the amount of withholding tax
due. The Committee may make such other arrangements with respect to income or
employment tax withholding as it shall determine.

<PAGE>

24. CHANGE IN CONTROL: Notwithstanding any other provision of the Plan or any
provision of a grant or award agreement, in the event the Committee determines
that there has been or will be a change in control of the Corporation or of any
Subsidiary, the Committee may, without the consent of the holder, provide for
any treatment of outstanding Awards which it determines, in its Discretion, to
be appropriate. Such treatment may include, without limitation, acceleration of
vesting of stock options and stock appreciation rights, release of restrictions
applicable to restricted stock or restricted stock units, or deeming performance
share awards to have been earned. In determining whether there has been or will
be a change in control of the Corporation or of any Subsidiary, the Committee
may utilize a definition it deems appropriate of a change in control contained
in any existing agreement between the Corporation or a Subsidiary and one of its
senior executives.

25. EFFECTIVENESS OF PLAN: The Plan shall be effective on the date the Board of
Directors of the Corporation adopts the Plan, provided that the shareholders of
the Corporation approve the Plan within twelve (12) months of that date. Awards
may be granted prior to shareholder approval of the Plan, but each such Award
shall be subject to shareholder approval of the Plan. Without limitation, no
stock option or stock appreciation right may be exercised and no performance
shares may be issued prior to shareholder approval, and any restricted stock or
restricted stock units awarded are subject to forfeiture if such shareholder
approval is not obtained.

26. TERMINATION, DURATION AND AMENDMENTS OF PLAN: The Plan may be abandoned or
terminated at any time by the Board of Directors of the Corporation. Unless
sooner terminated by the Board of Directors, the Plan shall terminate on the
date ten (10) years after its adoption by the Board of Directors, and no Awards
may be granted thereafter. The termination of the Plan shall not affect the
validity of any Award outstanding on the date of termination.

For the purpose of conforming to any changes in applicable law or governmental
regulations, or for any other lawful purpose, the Board of Directors of the
Corporation shall have the right, without approval of the shareholders of the
Corporation, to amend or revise the terms of the Plan at any time; provided,
however, that no such amendment or revision shall (i) with respect to the Plan,
increase the maximum number of shares in the aggregate which are subject to the
Plan or with respect to which Awards may be made to individual Participants
(subject, however, to the provisions of Paragraph 5), materially change the
class of persons eligible to be Participants under the Plan or establish
additional and different business criteria on which performance share goals are
based without approval or ratification of the shareholders of the Corporation;
or (ii) with respect to an Award previously granted under the Plan, except as
otherwise specifically provided in the Plan, alter or impair any such Award
without the consent of the holder thereof.

As adopted by the Board of Directors on December 11, 2002.<PAGE>
                                                               EXHIBIT 10.1.13.1

                          SECOND AMENDED AND RESTATED
                             UNITED AUTO GROUP, INC.
                     NON-EMPLOYEE DIRECTOR COMPENSATION PLAN

                                DECEMBER 11, 2002

I. INTRODUCTION AND DEFINITIONS

     A.   Purpose. The purpose of this Plan is to promote the interests of
          United Auto Group, Inc. and its affiliates and stockholders by helping
          to attract and retain highly qualified non-employee directors. This
          Plan amends and restates the United Auto Group, Inc. Amended and
          Restated Non-Employee Director Compensation Plan adopted by the Board
          of Directors on August 1, 2001.

     B.   Definitions. Unless the context clearly indicates otherwise, the
          following terms, when used in the Plan, shall have the meanings set
          forth in this section:

          1.   "Board" shall mean the Board of Directors of the Company.

          2.   "Company" shall mean United Auto Group, Inc., a Delaware
               corporation, and any successor corporation.

          3.   "Director" shall mean a member of the Board.

          4.   "Exchange Act" shall mean the Securities Exchange Act of 1934, as
               amended.

          5.   "Non-Employee Director" shall mean a Director who is not also a
               salaried employee of the Company or any of its subsidiaries, and
               otherwise meets the requirements of a Non-Employee Director under
               applicable securities laws.

          6.   "Payment Date" shall mean a date selected by the Board which
               falls within the first quarter of the year following the year in
               which a Non-Employee Director served on the Board.

          7.   "Plan" shall mean this Second Amended and Restated United Auto
               Group, Inc. Non-Employee Director Compensation Plan, as set forth
               herein and as it may be amended from time to time.

          8.   "Stock" shall mean shares of the Voting Common Stock of the
               Company, par value $0.0001 per share.

II. NON-EMPLOYEE DIRECTOR FEES

     A.   Fee. Each Non-Employee Director shall be paid for each year or partial
          year of service a fee of $40,000 (pro rated for partial years) (the
          "Fee").

     B.   Manner of Payment. The Non-Employee Director must annually elect
          whether to receive the Fee in the form of cash or Stock. This election
          must be received by

<PAGE>

          the Company on or before March 1 (the "Election Date") of each year.
          Once made, this election is irrevocable for such year.

     C.   Payment Date. That portion of the Fee not deferred shall be paid on
          the Payment Date. If a Non-Employee Director fails to elect the manner
          of payment of the Fee by the Election Date, or if a Non-Employee
          Director's election to receive the Fee in Stock has not been
          previously approved by the Board, then that Non-Employee Director's
          Fee shall be payable in Cash.

     D.  Election to Receive Fee in Stock

               1.   A Non-Employee Director's election to receive the Fee in
                    Stock must be approved by the Board prior to the Payment
                    Date.

               2.   If a Non-Employee Director's election is approved by the
                    Board, then the Non-Employee Director's Fee, if not
                    deferred, shall be paid in shares of Stock or, if deferred,
                    then payable in Units, the number of which will be
                    determined as follows: by dividing the Fee, (or the prorated
                    portion for partial years) by the average of the closing
                    market price of the Stock as reported on the New York Stock
                    Exchange for the 20 trading days immediately preceding and
                    including the Payment Date.

               3.   Such shares of Stock shall not be subject to any transfer or
                    resale restrictions other than those applicable under
                    federal and state securities laws.

               4.   If a Non-Employee Director becomes a member of the Board
                    after the Election Date, then such Director may elect to
                    receive the Fee in the form of Stock on the Payment Date by
                    making such election within 30 days after becoming a
                    Director, provided that such election shall be subject to
                    approval by the Board.

III. DEFERRAL OF NON-EMPLOYEE DIRECTOR FEE.

     A.   Introduction: Non-Employee Directors, on an individual basis, may
          defer all or part of their Fee until such time as their service on the
          Board terminates.

     B.   Manner of Deferral: On or before the Election Date, a Non-Employee
          Director may elect to defer all or a portion of the Fee (the "Deferred
          Fee"). Such election shall be irrevocable for the period of service
          for which the Fee is payable. The Deferred Fee will be credited to the
          Non-Employee Director's deferred fees account (the "Deferred Fees
          Account") as of the Payment Date and accounted for pursuant to the
          manner of payment elected by the Non-Employee Director until fully
          paid out.

     C.   Deferral of Stock: If a Non-Employee Director elects to receive the
          Fee in Stock, the payment of which has been deferred in whole or in
          part, then the Non-

                                       2
<PAGE>

          Employee Director's Deferred Fees Account will be credited with the
          number of stock units ("Units"), calculated to the nearest thousandths
          of a Unit, determined by dividing the amount of the Deferred Fee by
          the average of the closing market price of the Stock as reported on
          the New York Stock Exchange for the 20 trading days immediately
          preceding and including the Payment Date. The Non-Employee Director's
          Deferred Fees Account will also be credited with the number of Units
          determined by multiplying the number of Units in the Non-Employee
          Director's Deferred Fees Account by any per share cash dividends
          declared by the Company on its Stock and dividing the product by the
          closing market price of the Stock as reported on the New York Stock
          Exchange on the related dividend payment date, and also by multiplying
          the number of Units in the Non-Employee Director's Deferred Fees
          Account by any stock dividends declared by the Company on its Stock.

     D.   Deferral of Cash: If a Non-Employee Director elects to receive the Fee
          in cash, the payment of which has been deferred in whole or in part,
          then the Non-Employee Director's Deferred Fees Account (a) will be
          credited on the Payment Date in an amount equal to the Deferred Fee,
          and (b) will be credited as of the end of each calendar quarter
          additional compensation equal to interest on the amounts credited to
          such account from the date credited (or the end of the preceding
          quarter, if later) to the end of such quarter at the rate of interest
          payable on the last issue of U.S. 90-day Treasury Bills made prior to
          the end of such quarter, as published in the Wall Street Journal.

     E.   Recapitalization: If, as a result of a recapitalization of the Company
          (including stock splits), the Company's outstanding shares of Stock
          shall be changed into a greater or smaller number of shares, the
          number of Units credited to a Non-Employee Director's Deferred Fees
          Account shall be appropriately adjusted on the same basis.

     F.   Distribution of Deferred Fees.

          1.   Upon a Non-Employee Director's retirement, death or other
               termination of his membership on the Board (collectively,
               "Termination"), the Non-Employee Director shall receive the
               amount credited to his Deferred Fees Account in five
               substantially equal annual installments commencing on the first
               Payment Date following the Non-Employee Director's Termination
               (the "Installment Payment Date"). Upon request of the
               Non-Employee Director, and subject to the Board's approval,
               distributions may be made in a lump sum following the
               Non-Employee Director's Termination or in installments, equal or
               otherwise, more rapidly than provided in this paragraph.

          2.   Survivor Payout Elections. In the event of a Non-Employee
               Director's death prior to receiving all entitled deferred
               payments, the value of the Deferred Fees Account on the date of
               the Non-Employee Director's death shall be determined and paid to
               the beneficiary(s) designated by the Non-Employee Director (or,
               failing such designation, to the Non-Employee Director's estate)

                                       3
<PAGE>

               in accordance with the installment schedule set forth in
               paragraph F(1) above, unless the Non-Employee Director has
               elected to have the remaining payments made in a single lump sum
               upon his death, in which case a lump sum payment will be made to
               the designated beneficiaries or the Non-Employee Director's
               estate as soon as practicable after the Non-Employee Director's
               death.

          3.   Form of Payment Elections.

               a)   All installment payments from the Non-Employee Director's
                    Deferred Fees Account shall be in the form of cash.

               b)   Notwithstanding the preceding paragraph, upon request of the
                    Non-Employee Director, and subject to the Board's approval,
                    a Non-Employee Director, former Non-Employee Director, or
                    deceased Non-Employee Director's beneficiary or legal
                    representative may elect at anytime to have any or all
                    payouts, or remaining payouts, of the Non-Employee
                    Director's Deferred Fees Account paid out in cash or in
                    shares of the Stock.

          4.   Determination of Amount of Cash Installment Payments.

               a)   The amount of the first cash installment payment shall be a
                    fraction of the Cash and/or Units in the Non-Employee
                    Director's Deferred Fees Account on the first Installment
                    Payment Date, the numerator of which is one and the
                    denominator of which is the total number of installments
                    elected. Each subsequent installment shall be calculated in
                    the same manner as of each subsequent Installment Payment
                    Date except that the denominator shall be reduced by the
                    number of installments which have been previously paid.

               b)   The amount of cash payable for deferred fees accounted for
                    as Units based on the Company's Stock value will be paid as
                    described above, based on the number of Units in the
                    Non-Employee Director's Deferred Fees Account on the
                    Installment Payment Date multiplied by the closing market
                    price of the Company's Stock as reported on the New York
                    Stock Exchange on the last trading day preceding the
                    Installment Payment Date.

          5.   Determination of Amount of Installment Payments in Shares of
               Stock.

               (a)  The amount of the first installment payment payable in
                    shares of the Stock for deferred fees shall be a fraction of
                    the value of the Cash and/or Units in the Non-Employee
                    Director's Deferred Fees Account on the date of the first
                    Installment Payment Date, the numerator of which is one and
                    the denominator of which is the total number of installments
                    elected. Each subsequent installment shall be calculated in
                    the same manner as of each subsequent Installment Payment
                    Date except that the denominator shall be reduced by the
                    number of installments which have been previously paid.

                                       4
<PAGE>

               (b)  If a payout to be made in shares of the Stock is based on
                    deferred fees accounted for as Cash, the number of shares
                    payable shall be determined by dividing the amount of cash
                    that would otherwise be payable by the closing market price
                    of the Stock as reported on the New York Stock Exchange on
                    the last trading day preceding the Installment Payment Date.

               (c)  Except for the final installment payment, only whole shares
                    shall be payable, and the value of any fractional share
                    payable shall re retained in the Non-Employee Director's
                    Deferred Fees Account until the final installment payment,
                    at which time the value of any fractional share payable
                    shall be paid in cash, based on the fractional share
                    multiplied by the closing market price of Stock as reported
                    on the New York Stock Exchange on the last trading day
                    preceding the Installment Payment Date.

IV. GENERAL TERMS

     A.   Unfunded Plan. It is presently intended that the fund constitute an
          unfunded plan for deferred compensation. No provision of the Plan
          shall require the Company, for the purpose of satisfying any
          obligations under the Plan, to purchase units or place any units in a
          trust or other entity to which contributions are made or otherwise to
          segregate any assets, nor shall the Company maintain separate bank
          accounts, books, records, or other evidence of the existence of a
          segregated or separately maintained or administered fund for such
          purposes.

     B.   Effective Date. The Second Amendment and Restated Compensation Plan
          shall be effective upon approval by the Board.

     C.   Amendment and Termination of the Plan. The Board in its discretion may
          terminate the Plan or alter or amend the Plan or any part thereof from
          time to time.

     D.   Rule 16b-3. The terms and conditions of each grant of a Stock or Units
          under the Plan shall be approved in advance by the Board for purposes
          of the exemption from Section 16(b) of the Exchange Act available
          under Rule 16b-3(d)(1) and other applicable rules promulgated under
          Section 16 the Exchange Act.

     E.   Nonassignability. It shall be a condition of this Plan (and all rights
          of each Non-Employee Director and beneficiary shall be subject
          thereto) that no amount payable hereunder shall be assignable in whole
          or in part, either directly or by operation of law except by will or
          the laws of descent or distribution. Further, no right or interest of
          each Non-Employee Director or beneficiary under the Plan shall be
          liable for, or subject to, any obligation or liability of such
          director or beneficiary, including claims for alimony or the support
          of any spouse.

                                       5
<PAGE>
                   NOTICE OF ELECTION FOR FORM OF PAYMENT FOR
                         NON-EMPLOYEE DIRECTOR SERVICES

TO: (Input Director's Name and Address)

I. MANNER OF PAYMENT ELECTION

         Pursuant to the United Auto Group, Inc.'s Non-Employee Director
Compensation Plan, for the annual fees payable to me as a Director of the
Company for the year ending December 31, _____, I hereby irrevocably elect:

[ ]      To receive shares of United Auto Group, Inc. Voting Common Stock, par
         value $0.0001 per share, in lieu of cash in payment of the annual fee.
         The shares should be issued according to instructions set forth below;
         or

[ ]      Cash in payment of the annual fee.

II. DEFERRAL OPTION ELECTION

         Pursuant to the United Auto Group, Inc.'s Non-Employee Compensation
Plan, I hereby irrevocably elect to defer the amount of the annual fee payable
to me as Director of the Company for the year ended December 31, ______, as
follows:

         ____% of, or $_____ of my annual fee.

         The amount or percentage of the annual fee deferred shall be in the
manner of payment elected in Section I.

                                       6
<PAGE>

III. BENEFICIARY

         A. If my membership on the Company's Board of Directors is terminated
by death, or if I shall die after I cease to serve as a Director but before
complete distribution of my Deferred Fees Account, I direct the balance in such
account to be paid to:

                                     -------------------------------------------
                                     Name of Designated Beneficiary

                                     -------------------------------------------
                                     Address

                                     -------------------------------------------
                                     Relationship to Me

           , 20                      -------------------------------------------
-----------    ----                      Director
Date

         B. If my membership on the Company's Board of Directors is terminated
by death, or if I shall die after I cease to serve as a Director but before
complete distribution of my Deferred Fees Account, I direct the balance in such
account to be paid:

[ ]      In one lump sum to the Designated Beneficiary

[ ]      In accordance with the Plan's Installment Payment Schedule or the
         schedule previously elected by me and approved by the Board.

IV. SPECIAL INSTRUCTIONS

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

--------------------------------------------------------------------------------

                                       7
<PAGE>

V. SIGNATURE

_____________, 20___                        ____________________________________
Date                                        Director

Name: _________________________________________

Address: _______________________________________

         _______________________________________

Social Security Number: ________________________

                                       8

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