Many people will remember that during the 1950's and 60's David's father Harry and Uncle Emmanuel Margolin were credited with "putting Melbourne on wheels".
Between them they had 13 car yards in and around Melbourne.
David started working in the motor trade in 1975 in Camberwell Vic for a large European car retailer and loved it so much he stayed for nine years before starting his own business.
Taking all his belongings and five cars to Sydney he teamed up with his cousin Paul Margolin and "Australian Auto Wholesale" was born. Starting from a large shed off Parramatta Road in Five Dock within 6 months Paul and David had made enough money to take on the lease on Parramatta Road itself.
The new car yard in Summer Hills was known as "Sydney European Car Centre" it was Sydney's best known place to buy prestigious vehicles.
In 1988 David left Paul to continue the business and returned to Melbourne to open Melbourne European Cars.
His love for the classical older European cars saw MEC indulge in classics like Mercedes coupes /convertibles and sports. They had five Mercedes cabroilet (1962 to 1972) in the showroom in High Street Armadale the only place in Australia one could have seen so many cabroilet under one roof!
Two of the Benz were the rare 280SE 3.5 Convertibles of which only six came to Australia from new and only 68 right-hand-drives were built for the entire world.
MEC had possibly Australia's best collection of the desirable Pagoda roof SLS and a Ferrari F40 to mention a couple of the makes found there.
In February 1992 the showroom was at 216 York Street South Melbourne near the South Melbourne Market and is now still in the same area at :
81-87 Moray Street Sth Melbourne 3205 corner Market Street.
The market in the investment vehicles has gone from strength to strength with people again realising that a good older European car, particularly a Mercedes Benz is a better vehicle and has better resale value and is a safer motor car.
Determined not to stand still David has opened a showroom in Moray Street Sth Melbourne & still has a D/L in NSW & QLD, although Melbourne is the head office.
Here you will still find classics such as a 356 Porsche, Jensen Interceptor, MG K1 (1933)
Mercedes classics: 280SL, 280SLC, 280se W108 and 3.5 Convertible.
There are 450SE & 280SEL W116s to name but a few!!
If you are looking for an excellent investment - and a beautiful vehicle to ride around in - prestigious cars is certainly a pleasing option.
Contact Us now for a first class service from a first class team.