Exhibit 12

Avis Budget Group, Inc.

COMPUTATION OF RATIO OF EARNINGS TO FIXED CHARGES

(Dollars in millions)

	Year Ended December 31,
	2009			2008			2007			2006			2005
Earnings available to cover fixed charges:
Loss from continuing operations before income taxes	$	(77	)	$	(1,343	)	$	(992	)	$	(677	)	$	(62	)
Plus: Fixed charges		408			464			556			693			569
Earnings available to cover fixed charges	$	331		$	(879	)	$	(436	)	$	16		$	507
Fixed charges (a):
Interest, including amortization of deferred financing costs	$	343		$	402		$	497		$	632		$	512
Interest portion of rental payment		65			62			59			61			57
Total fixed charges	$	408		$	464		$	556			693		$	569
Ratio of earnings to fixed charges (b)		-			-			-			-			-

(a) Consists of interest expense on all indebtedness (including amortization of deferred financing costs) and the portion of operating lease rental expense that is representative of the interest factor. Interest expense on all indebtedness is detailed as follows:

	Year Ended December 31,
	2009		2008		2007		2006		2005
Related to debt under vehicle programs	$	186	$	266	$	356	$	361	$	313
All other		157		136		141		271		199
	$	343	$	402	$	497	$	632	$	512

Does not include interest expense from discontinued operations of $87 million and $163 million for the years ended December 31, 2006 and 2005, respectively.

(b) Earnings were not sufficient to cover fixed charges in 2009, 2008, 2007, 2006 and 2005.

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