Company Overview and

Q2 2012 Quarterly Highlights

August 2012

Senior Management Team

Jeff Christie Vice President, Finance

Steve Rose Executive Vice President, Corporate Services

Tom Orysiuk President

Pat Priestner Chief Executive Officer

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1 INDUSTRY OVERVIEW

BUSINESS OVERVIEW

FINANCIAL REVIEW

STRATEGY

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3

4

Presentation Agenda

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Certain of the information presented today looks forward in time and deals with other than historical or current facts for the AutoCanada Inc. (the “Company”). Such statements are qualified in their entirety by the inherent risks and uncertainties surrounding future expectations, including, but not limited to, the risks associated with: the retail automotive industry; our business; our acquisition strategy; our dependence on automobile manufacturers; and our structure. For additional information with respect to these factors, please refer to the prospectus and other information filed by the Company with Canadian provincial securities commissions.

The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.

Forward-Looking Statements

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(Information as at August 15, 2012)

Closing Share Price $13.38

Market Capitalization $266,000,000

Dividend (annualized) $0.64

Yield 4.8%

P/E Ratio 12.7

Average Volume (10 day) 59,200

AutoCanada Inc. (ACQ)

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Analyst Coverage

Clarus Securities Inc.

Kelvin Cheung, CFA – (416) 343-2773

Canaccord Genuity

Derek Dley, CFA – (604) 694-6967

RBC Capital Markets

Steve Arthur, CFA – (416) 842-7844

Cormark Securities Inc.

Maggie Johnson – (416) 943-6733

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Annual consumer spending more than any other Canadian retail segment

Franchised Auto Dealerships Operate Four Complementary Business Segments

Used vehicle sales

Finance and insurance

Parts, service and

repair

New vehicle sales

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Dealership Business Model

Automobile dealerships generate relatively stable cash flows

• Historically stable and profitable business (profitable during wars, recessions, etc.)

• Variable cost structure – most of fixed costs offset by parts and service business

• New and used vehicle sales counter-cyclical and drive higher margin business such as finance and insurance and parts and service

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Exclusive

Sales

Territories

Brand Marketing

Warranty

Repair

Work

No Cost Consumer

Sales

Incentives

Substantial Value Attributed to Franchise Rights

Benefits of Dealership Franchise Agreements

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• Economies of scale

• Geographic and brand diversification

• Ability to attract management talent and advancement opportunities within group

• Best practice sales, parts and service process training and implementation

• Expert marketing and online marketing team

• Centralized administrative and strategic functions

Benefits of Multi-Location Dealership Model

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Industry Succession There are currently 3,464 auto dealerships in Canada

Results of 2012 PwC Trendsetter Survey:

• PwC identifies a succession crisis amongst Canadian auto retailers

• Over 50% of dealers have owned their dealership for more than 20 years

• 70% of dealers would like to be semi-retired or completely out of the business in 5 years

• 60% of owners of dealer groups would like to be semi-retired or completely out of the business in 10 years

Industry succession issues present an

opportunity for dealer groups 10

• 26 franchised dealerships

• Approximately 28,000 new and used vehicles sold in 2011

• Approximately 1 in every 82 new vehicles sold in Canada in 2011 from an AutoCanada dealership

• More than 300,000 service and collision orders completed at 333 service bays in 2011

Our Business

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Experienced and Aligned Management Team

• Experienced and incentivized dealer principals and general managers

• Senior management owns 42.8% of AutoCanada shares

• Corporate head office team provides management, marketing, financial and operational expertise

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26 Dealerships in 6 Provinces

B.C.

Alberta

Saskatchewan

Manitoba Ontario

Quebec

Newfoundland

N.B.

Nova Scotia

P.E.I.

GRANDE PRAIRIE

PLATFORM

Grande Prairie Chrysler Jeep Dodge Ram

Grande Prairie Hyundai

Grande Prairie Mitsubishi

Grande Prairie Nissan

Grande Prairie Subaru

PRINCE GEORGE

PLATFORM

Northland Chrysler Jeep

Dodge Ram

Northland Hyundai

Northland Nissan

MAPLE RIDGE

PLATFORM

Maple Ridge Chrysler Jeep

Dodge Ram FIAT

Maple Ridge Volkswagen

Abbotsford Volkswagen

Chilliwack Volkswagen

VICTORIA

Victoria Hyundai

EDMONTON PLATFORM

Crosstown Chrysler Jeep Dodge Ram FIAT

Capital Chrysler Jeep Dodge Ram FIAT

Sherwood Park Hyundai

Nicholson Chevrolet

Petersen Buick GMC

KELOWNA

Okanagan Chrysler Jeep

Dodge Ram

PONOKA

Ponoka Chrysler Jeep

Dodge Ram

THOMPSON

Thompson Chrysler Jeep

Dodge Ram

GTA PLATFORM

401 Dixie Hyundai

Cambridge Hyundai

Newmarket Infiniti Nissan

DARTMOUTH

Dartmouth Chrysler Jeep

Dodge Ram

MONCTON

Moncton Chrysler Jeep

Dodge Ram

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64%

20%

11% 5%

2011 Revenue ($ millions)

New Vehicle Used Vehicle Parts, Service & Collision Repair FI & Other

Revenue & Gross Profit

2011 Annual Results

28%

10%

34%

28%

2011 Gross Profit ($ millions)

$1,008.9 $169.1

Note: Results for the Company for the year ended December 31, 2011 14

• Resale of trade-ins

• Sale of third-party financing, service or insurance products

• Recurring service and repair business

New Vehicle Sales

Drives high-margin related transactions

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Total Canadian New Vehicle Sales 1960 – 2012F

Source: Scotia Economics - Global Auto Report, August 14, 2012

0

200

400

600

800

1,000

1,200

1,400

1,600

1,800

1960 1964 1968 1972 1976 1980 1984 1988 1992 1996 2000 2004 2008 2012F

To

tal

Ve

hic

le S

ale

s (

Th

ou

sa

nd

s)

Calendar Year

Trendline

Actual

Advances in technology expected to drive new vehicle sales gains over long term

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• Service contracts

• Reconditioning opportunities for parts and service

• Recurring parts and service business

• Financing commissions

Used Vehicle Sales

Drives high-margin related transactions

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Parts, Service and Collision Repair

• High Margins and Excellent Growth

– Increasingly complex vehicles cost more to maintain

– Highly specialized equipment and skilled labour required

– Independent repair shops closing

– Number of vehicles on the road is growing, creating more demand for available service bays

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“Absorption Rate”

• Percentage of dealership’s fixed expenses covered by gross profit generated by parts and service segment

• AutoCanada’s 2011 absorption rate = 88%

Parts, Service and Collision Repair

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Finance, Insurance & Other

• High Margins and Excellent Growth

– Represents 5% of total revenue and 28% of gross profit

– New vehicle sales increases a driver of growth in the finance and insurance department

– Relatively low cost operation

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10.8

13.7 13.8 13.4

15.5

19.3

0

5

10

15

20

25

2006 2007 2008 2009 2010 2011

Units 000’s

New Vehicle Sales

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8.5

9.6 9.9 9.7

8.8 8.7

0

2

4

6

8

10

12

2006 2007 2008 2009 2010 2011

Units 000’s

Used Vehicle Sales

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Revenue By Business Operation

0

200

400

600

800

1,000

2006 2007 2008 2009 2010 2011

$ millions

New Vehicle Used Vehicle Parts, Service & Collision Repair FI & Other 23

Gross Profit by Business Operation

0

20

40

60

80

100

120

140

160

2006 2007 2008 2009 2010 2011

$ millions

New Vehicle Used Vehicle Parts, Service & Collision Repair FI & Other 24

Adjusted EBITDA

21.0

25.1 24.5

18.4 16.7

29.1

0

5

10

15

20

25

30

35

2006 2007 2008 2009 2010 2011

$ millions

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2011 Annual Results

Revenue $ 1,008.9 16.0%

Gross Profit $ 169.1 12.7%

EBITDA* $ 29.1 74.0%

Adjusted EPS** $ 0.89 107.0%

Adjusted Free Cash Flow $ 27.7 97.9%

$ millions (except EPS)

* EBITDA does not include interest on floorplan financing

**Adjusted EPS is calculated using net earnings before other items (reversal of

impairment of intangible assets and its related tax effect).

Record performance in 2011

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2012 Q2 Results

Revenue $ 294.8 1.4%

Gross Profit $ 49.0 7.5%

EBITDA* $ 10.2 9.7%

EPS $ 0.34 13.0%

Adjusted Free Cash Flow $ 9.2 3.4%

$ millions (except EPS)

* EBITDA does not include interest on floorplan financing

In Q2 of 2012, the Company exceeded its previously most profitable quarter by over 10%

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Strong Balance Sheet As at June 30, 2012

Current Assets $307.3

Current Liabilities $264.4

Net Working Capital $ 42.9

Long-term Debt $ 23.0

$ millions

Floorplan debt of $221.2 million included in current liabilities and netted against inventory which is included in current assets. On July 31, 2012, a revolving floorplan facility of $240M was secured from Scotiabank to finance new and used vehicle inventory representing expected annual savings of over $1 million. Revolving term facility to increase to $40 million with option to increase by $10 million. Currently drawn $20 million on revolver.

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Dividend Growth

Increase to Dividend in Six Consecutive Quarters

-

0.10

0.20

0.30

0.40

0.50

0.60

0.70

Q1 -2010

Q2 -2010

Q3 -2010

Q4 -2010

Q1 -2011

Q2 -2011

Q3 -2011

Q4 -2011

Q1 -2012

Q2 -2012

Q3 -2012

Annualized Dividend Rate per Share (in dollars)

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Dividend

Policy

Organic

Growth

Acquisition

Policy

Sustainable

Returns

Contributes to

Enhanced Shareholder Value

Strategy

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Impact of business landscape on strategy:

• Potential to add more dealerships

• Improvement in trading multiple allows for accretive acquisition opportunities

• Continued improvement in liquidity of shares

Strategy Management update:

• Management committed to a high dividend payout policy

• Greater growth opportunities over the coming years due to:

• aging dealer body

• increasing facility capital requirements

• Two new OEM approvals

• KIA open point awarded April 20, 2012

• Investment in two GM dealerships in May and June of 2012

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ACQ Share Performance over the last 2 years:

Strategy

• Improvement in share price of 161%

• Average daily trading volume of approximately 25,000 over the past 2 years versus 13,000 in the period prior thereto since conversion to a corporation

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Investment Highlights

Auto Dealership Business Historically Stable and Profitable

Industry Succession Issue and Recent OEM Approvals to Provide Growth Opportunities

AutoCanada Posts Record Annual Results in 2011 and Record Second Quarter Results in 2012

Income Oriented Investment Vehicle with Opportunity for Growth

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Question and Answer

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