Schedule II VALUATION AND QUALIFYING ACCOUNTS

12 Months Ended

Dec. 31, 2012

Schedule II VALUATION AND QUALIFYING ACCOUNTS

Schedule II VALUATION AND QUALIFYING ACCOUNTS

Schedule II

PENSKE AUTOMOTIVE GROUP, INC.

VALUATION AND QUALIFYING ACCOUNTS

Description	Balance at Beginning of Year		Additions		Deductions, Recoveries, & Other			Balance at End of Year
	(In thousands)
Year Ended December 31, 2012
Allowance for doubtful accounts	$	2,086	$	848	$	(15	)	$	2,919
Tax valuation allowance	11,839		2,965		(183		)	14,621
Year Ended December 31, 2011
Allowance for doubtful accounts	$	1,743	$	990	$	(647	)	$	2,086
Tax valuation allowance	7,335		8,831		(4,327		)	11,839
Year Ended December 31, 2010
Allowance for doubtful accounts	$	1,554	$	891	$	(702	)	$	1,743
Tax valuation allowance	6,073		3,213		(1,951		)	7,335