FORM 3

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, DC 20549

INITIAL STATEMENT OF BENEFICIAL OWNERSHIP OF SECURITIES

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934, Section 17(a) of the Public Utility
Holding Company Act of 1935 or Section 30(h) of the Investment Company Act of 1940

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1. Name and Address of Reporting Person*


          Franklin Mclarty Irrevocable Trust 
2. Date of Event
Requiring Statement (Month/Day/Year)
3/13/02

4. Issuer Name and Ticker or Trading Symbol


Asbury Automotive Group, Inc. [NYSE: ABG]

(Last)             (First)            (Middle)

          350 Salem Road, Suite 8A
3. I.R.S. Identification Number of Reporting Person, if an entity (voluntary)

5. Relationship of Reporting Person(s) to Issuer
                      (Check all applicable)
[_]  Director                       [X]  10% Owner
[_]  Officer (give Below)    [_]   Other (specify title below)



6. If Amendment, Date of Original (Month/Year)
(Street)



          Conway             AR               72034-7521
7. Individual or Joint/Group Filing
(Check Applicable Line)
[X]  Form filed by One Reporting Person
[_] Form filed by More than One Reporting Person
(City)             (State)             (Zip) Table I — Non-Derivative Securities Beneficially Owned
1. Title of Security
(Instr.4)
2. Amount of Securities Beneficially Owned (Instr. 4)

3. Ownership Form:
Direct (D) or
Indirect (I) (Instr. 5)

4. Nature of Indirect Beneficial Ownership
(Instr. 5)
 Common Stock, par value $0.01 per share  11,442.00(1)    (D)  
         
         
         
         
        
        
        

(1) Franklin Mclarty Irrevocable Trust could be deemed to be part of a group as defined in Section 13(d) of the Exchange Act that owns approximately 79% of the outstanding common stock of Asbury Automotive Group, Inc. based on voting arrangements in a shareholders agreement.  Franklin Mclarty Irrevocable Trust expressly disclaims beneficial ownership of the shares of Asbury Automotive Group, Inc. beneficially owned by all other parties to the shareholders agreement.
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 5(b)(v).


Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number. (Over)
SEC1473 (7-02)




FORM 3 (continued)
Table II — Derivative Securities Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
 
1.Title of Derivative Security
(Instr.4)
2.Date Exer-
cisable and
Expiration
Date
(Month/Day/Year)
3. Title and Amount of Securities Underlying Derivative Security (Instr. 4)
4. Conver-
sion or
Exercise
Price of
Deriv-
ative
Security
5. Owner-
ship
Form of
Deriv-
ative
Security:
Direct (D) or
Indirect (I)
(Instr. 5)
6. Nature of Indirect
Beneficial Ownership (Instr. 5)
Date Exer-
cisable
Expira-
tion
Date
Title
Amount
or
Number
of
Shares
 N/A              
               
               
               
               
                 

Explanation of Responses:

 
                        
/s/ Paul Hart
**Signature of Reporting Person
4/1/03
Date

**


Note:

Intentional misstatements or omissions of facts constitute Federal Criminal Violations.
See
18 U.S.C. 1001 and 15 U.S.C. 78ff(a).

File three copies of this Form, one of which must be manually signed. If space provided is insufficient,
see
Instruction 6 for procedure.

                         Paul Hart, Trustee
                     Franklin Mclarty Irrevocable Trust
Potential persons who are to respond to the collection of information contained in this form are not
required to respond unless the form displays a currently valid OMB Number.
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