Targa Florio gone pop?
Discussion
The site was rented with the Landlord now advertising it as available for rent.
There is a Facebook Group for "victims of Targa Florio".
Scary stuff. My impression of the dealer was always that they looked smart and professional with a lovely premises. I was a potential customer a few times.
There is a Facebook Group for "victims of Targa Florio".
Scary stuff. My impression of the dealer was always that they looked smart and professional with a lovely premises. I was a potential customer a few times.
Surely this kills Sale or Return?
If you don't have insurance or finance on the car but you've handed over the keys and left it with a company about which you know little you're at high risk of losing that car with no recompense at all?
We had that flashy chavvy supercar dealer go pop and I thought it always looked slightly dodgy. I didn't think of Targa Florio in the same way but that's just based on website imagery and online tone. They did always have really nice stock.
If you don't have insurance or finance on the car but you've handed over the keys and left it with a company about which you know little you're at high risk of losing that car with no recompense at all?
We had that flashy chavvy supercar dealer go pop and I thought it always looked slightly dodgy. I didn't think of Targa Florio in the same way but that's just based on website imagery and online tone. They did always have really nice stock.
I would guess that the dealer owes PistonHeads for ads still and they'd hope to be paid but likely will be a creditor applying to the Administrator for recompense and can't be seen to have caused or contributed to the the business failure. I'm sure it's complicated. I doubt it's sinister.
What does this tell us about the state of the market for premium cars?
My prediction for 2026 is that both classic cars and high performance premium cars are going to take a beating this year. The downwards momentum for the post covid madness will continue as the poor economy and tax rises start to really bite. Top end silly stuff will be utterly immune but the bread and butter PistonHead cars will be under bigger downward pressure.
My prediction for 2026 is that both classic cars and high performance premium cars are going to take a beating this year. The downwards momentum for the post covid madness will continue as the poor economy and tax rises start to really bite. Top end silly stuff will be utterly immune but the bread and butter PistonHead cars will be under bigger downward pressure.
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