Exploring Derek Mathewson’s Net Worth & Life in 2025

Derek Mathewson is a British classic-car expert and auctioneer best known for running Mathewsons Classic Cars in Thornton-le-Dale, North Yorkshire. He has run auctions and car showrooms for decades and rose to national fame on the TV series Bangers & Cash, which follows the family auction business. As of 2025, Derek Mathewson’s net worth is commonly estimated to be between $2 million and $5 million.

Biography

Early Life and Education

Derek Mathewson was born on October 13, 1951, in the UK. His passion for automobiles began early—by his teens, he was already skilled in fixing engines and identifying rare models. In 1970, Derek entered the motor trade in Bedfordshire, selling modern cars and commercial vehicles.

As his interest in vintage cars deepened, Derek and his family shifted focus toward the classic car market. By 1988, after moving to North Yorkshire, Derek had firmly established himself in the niche of collectible and historic vehicles. His hands-on knowledge, combined with decades of experience, made him one of the UK’s most respected classic car specialists.

Career

Mathewsons Classic Cars

In the 1970s and 1980s, Derek expanded his business, opening garages in Scarborough, Malton, and Pickering. These operations initially included modern car sales, leasing, and contract hire, but Derek’s passion for vintage automobiles eventually took priority.

He founded Mathewsons Classic Cars in Thornton-le-Dale, North Yorkshire, which quickly became one of the UK’s most recognized auction houses for classic cars. Today, Mathewsons runs nine auctions per year, attracting enthusiasts nationwide.

The business is family-run, with Derek’s sons, Paul and Dave, playing central roles. Customers are drawn not only by the rare cars but also by the family’s reputation for honesty, knowledge, and hospitality.

Television Fame: Bangers & Cash

In 2019, Derek and his family became household names through the hit TV series Bangers & Cash on the Yesterday Channel. The show offers viewers a behind-the-scenes look at Mathewsons’ auctions, uncovering fascinating stories behind classic cars.

The program’s success led to a spin-off, Bangers & Cash: Restoring Classics, where cars bought at auction are restored to their former glory. Derek’s approachable personality, humor, and deep expertise have made him a favorite with audiences, helping boost the popularity of the entire Mathewsons brand.

Personal Life and Relationships

Derek was married to Sue Mathewson for decades, and together they raised two sons—Paul and Dave—who now play vital roles in running Mathewsons Classic Cars. Sue was also supportive in the background, handling financial matters and community work.

In recent years, media outlets have reported that Derek’s relationship with Sue ended, and he has since been linked to Vicki Ivens, a member of the company’s marketing team. This drew public attention, but Derek has continued to focus on his work, with Paul and Dave ensuring the family business remains strong.

What is Derek Mathewson Net Worth

As of 2025, Derek Mathewson’s net worth is estimated at $2 million to $5 million. His wealth is derived from:

• Mathewsons Classic Cars auctions & showrooms

• Television appearances on Bangers & Cash

• Personal collection of valuable classic cars

• Earlier ventures in modern car sales, leasing, and contract hire

This financial success reflects more than five decades of dedication to the motor trade and his ability to turn a lifelong passion into a thriving enterprise.

Comparison of Net Worth with Other Celebrities

Though Derek’s net worth is modest compared to US-based car TV stars, his influence in the UK classic car scene is unmatched. His auctions and TV presence have made him a trusted authority in the industry.

Iconic Cars at Mathewsons

Derek’s personal car collection reflects his lifelong passion. Some standout vehicles include:

• Aston Martin DB6 (restored by Derek himself)

• Aston Martin DB MkIII

• Aston Martin Vantage

• Porsche 911 Carrera models

• Historic commercial vehicles, such as Morris J-type vans

These vehicles are not only valuable assets but also symbols of Derek’s love for automotive history.

Philanthropy and Community Work

Derek and Mathewsons Classic Cars have raised significant funds for local charities, including Martin House Hospice. His charitable involvement underscores his commitment to supporting the community beyond the auction world.

7 Interesting Facts About Derek Mathewson

1. Early Start: Derek began selling modern cars in Bedfordshire in 1970, transitioning to classic vehicles soon after.
2. Family Business: His sons, Paul and Dave, are instrumental in the success of Mathewsons Classic Cars.
3. TV Fame: Bangers and Cash premiered in 2019 and remains one of the most popular shows on the Yesterday Channel.
4. Classic Car Collection: Derek owns rare models, including Aston Martins, Porsche 911s, and Jaguar E-Types.
5. Charitable Work: Derek and his business have raised thousands of pounds for children’s charities, including Martin House Hospice.
6. Spin-Off Success: The spin-off series Restoring Classics highlights the challenges and rewards of car restoration.
7. Pub Ownership: Derek also owns a pub, The Moorcock Inn, a popular spot in North Yorkshire.

Current Status and Future Plans

At 73 years old in 2025, Derek remains actively involved in Mathewsons and continues appearing on Bangers & Cash. While his sons manage much of the business, Derek’s presence remains central, and fans admire his continued enthusiasm.

Looking ahead, Derek aims to:

• Expand online auction services to attract global buyers.

• Host special car events to celebrate classic car culture.

• Preserve and showcase rare vehicles for future generations.

Despite facing health challenges in the past, Derek continues to work almost daily, embodying the passion and dedication that has defined his career.

Social Media Presence

Derek himself is not very active online, but Mathewsons’ official social media accounts (Facebook, Instagram, and YouTube) share:

• Auction announcements

• Behind-the-scenes clips from Bangers & Cash

• Restored vehicle showcases

This digital presence helps the brand connect with younger audiences while preserving its traditional customer base.

Conclusion

Derek Mathewson turned a lifelong love of cars into a respected family business and a TV career. From his early days in the motor trade to founding Mathewsons and appearing on Bangers & Cash, he has helped make classic car auctions a national draw. In 2025 he remains active in the business, supported by his sons Paul and Dave, and his auctions continue to attract collectors and fans from across the UK.

FAQs about Derek Mathewson

1. Who is Derek Mathewson?
Derek Mathewson is a British classic-car expert, auctioneer, and TV personality who runs Mathewsons Classic Cars in North Yorkshire. 

2. How old is Derek Mathewson? / When was Derek Mathewson born?
Derek Mathewson was born on 13 October 1951, so he is 73 years old in 2025. 

3. What is Derek Mathewson’s net worth in 2025?
His net worth is widely reported as between $2 million and $5 million (some outlets give slightly different ranges). 

4. What is Mathewsons Classic Cars and where is it located?
Mathewsons Classic Cars is a family-run auction house and showroom for classic and vintage vehicles. The business is based in Thornton-le-Dale, North Yorkshire, and runs regular auctions each year.

5. Is Derek Mathewson on TV? What show is he on?
Yes. Derek stars in the hit show Bangers & Cash (Yesterday Channel), which follows Mathewsons’ auctions and the stories behind the cars. 

6. Who runs Mathewsons now — is it a family business?
Yes. Derek’s sons, Paul and Dave Mathewson, are heavily involved and help run the auctions and day-to-day business. 

7. What kinds of cars does Derek Mathewson collect?
Derek’s collection includes classic Aston Martins, Porsche 911 models, Jaguars and historic British commercial vehicles (for example, Morris J-type vans).

8. How often does Mathewsons hold auctions?
Mathewsons runs several auctions a year (their site lists the full auction calendar and upcoming dates).

9. Can I watch Mathewsons auctions online?
Yes — Mathewsons posts auction highlights and clips on YouTube and shares live/preview content on their social channels. The Bangers & Cash series also shows behind-the-scenes auction footage.

10. Has Derek Mathewson done charity work?
Yes. Mathewsons has supported local charities and fundraising events, including voluntary work for community causes.