Exploring Derek Mathewson Net Worth and His Life in 2025

Derek Mathewson is a name synonymous with vintage automobiles and television. Known for his role in the hit TV series Bangers and Cash, Derek has charmed audiences with his expertise and passion for classic cars. As of January 2025, Derek Mathewson net worth is estimated at between $2 million and $5 million, making him a significant figure in both the automotive and entertainment industries. In this article, we will explore his biography, career, personal life, and the legacy he has built over decades.

Biography

Early Life and Education

Born on October 13, 1951, Derek Mathewson grew up in the UK, where his love for cars began at a very early age. As a child, he spent countless hours watching and helping local mechanics in village garages, picking up practical skills that would shape his future. By the time he was a teenager, he could already fix engines and understood the basics of how classic vehicles worked. Although there are no public records about his higher education, Derek’s real learning came from hands-on experience. He started buying and restoring old cars in his spare time, gradually building a reputation for knowing the ins and outs of vintage automobiles. Over the years, his passion turned into a successful business, and he became widely respected in the classic car community across the UK. His deep mechanical understanding, combined with a sharp eye for rare vehicles, helped him become a key figure in the field.

Career

Derek started working in 1970. At first, he sold modern cars and trucks in Bedfordshire. But he loved old cars more. So, in the 1980s, he started a small family business called Mathewsons Classic Cars. It was in Thornton-le-Dale, North Yorkshire. Over time, the business grew big. People liked it because it sold many old and special cars. Derek and his team treated customers like family and knew a lot about cars.

Later, Derek’s sons, Paul and Dave, joined the business. It became a full family company. In 2019, they became famous because of a TV show called “Bangers and Cash” on the Yesterday Channel. The show showed how they find, sell, and take care of old cars. People loved watching it because it was fun, real, and full of interesting stories.

The show did so well that they made another one called “Bangers and Cash: Restoring Classics.” In this show, they fix old cars that were sold in the auction. Many skilled workers help bring the cars back to life.

Now in 2025, Mathewsons has nine car auctions every year. They also have showrooms and places to store cars. Many people visit in person or watch online. They even let people buy and bid for cars through the internet. Derek is now in his 70s but still works. He shares his car stories and helps people learn about old cars. Today, many people in the UK know him and love what he does.

Behind-the-Scenes of Bangers and Cash

The charm of Bangers and Cash lies in its authentic portrayal of the Mathewson family and their love for vintage cars. Filming the show involves months of preparation, from sourcing rare vehicles to curating auctions. Derek’s approachable demeanor and ability to connect with viewers make the series a hit, with fans often expressing their admiration for his knowledge and humor.

Personal Life and Relationships

Derek was married to Sue Mathewson for more than 40 years. They had a strong family and worked together in their business. They have two sons, Paul and Dave. Both sons now help run the family business.

Sue was very helpful in the business, even though she worked quietly in the background. She helped with money matters and also supported local community work.

In 2023, Derek and Sue’s marriage ended. Many people were surprised when they separated. Soon after, Derek was seen with a younger woman named Vicki Ivens. She worked with him in the company’s marketing team.

This news got a lot of attention in the media. Some people talked about the big age difference between them. Others said it must be hard to manage personal and work life in public.

Even with this attention, Derek kept working as usual. His sons, Paul and Dave, supported him and said the business would not be affected. Sue decided to stay away from the business and now focuses on her own hobbies and charity work.

Derek Mathewson Net Worth

As of 2025, Derek Mathewson net worth is between $2 million and $5 million. His income primarily comes from his successful auction house, television appearances, and ventures in the automotive industry. This wealth reflects decades of hard work, a passion for vintage cars, and his ability to captivate audiences on-screen.

Comparison of Net Worth with Other Celebrities

Iconic Cars at Mathewsons

Over the years, Mathewsons has auctioned a variety of iconic vehicles, including:

• Jaguar E-Type (1961 model, restored to perfection)
• Aston Martin DB5 (featured in Bangers and Cash)
• Porsche 911 Carrera RS (a rare collector’s dream)

These auctions not only attract collectors but also showcase the rich history of the automotive industry.

Philanthropy and Community Work

Derek is committed to giving back, with Mathewsons Classic Cars raising thousands of pounds for local charities, including Martin House Hospice. These efforts underscore his dedication to supporting his community beyond the world of classic cars.

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.

Read Also: Paul Weller Net Worth in 2025: Career, Legacy, and Financial Insights

Current Status and Future Plans

As of 2025, Derek still runs Mathewsons Classic Cars, a family business in North Yorkshire. It is a place where people buy and sell old, classic cars. Many people in the UK who love vintage cars know this place well.

Derek is also still on the TV show Bangers and Cash. People like watching him because he knows a lot about old cars. He is friendly and always works with his family, especially his sons Dave and Paul. On the show, he helps with car auctions and talks about the stories behind each car.

In 2025, Derek is trying to grow the business even more. He wants to sell more cars online and reach car lovers in other countries like the U.S. and Europe. He is also thinking about doing special car events and making a website with photos and stories of rare cars.

Even though he had some health problems in the past, Derek still works almost every day and keeps filming the show. Many people see him as a kind and honest man who truly loves classic cars. He is a respected name in the world of old cars and a favorite on British TV.

Social Media Presence

Derek’s social media presence is modest but effective. Updates about upcoming auctions, restored cars, and behind-the-scenes moments from Bangers and Cash are shared through Mathewsons’ official accounts. Fans can also follow the company’s YouTube channel for live auction events.

Conclusion

Derek Mathewson’s journey is a testament to his passion for classic cars and his ability to connect with audiences through television. From humble beginnings in Bedfordshire to becoming a household name in the UK, Derek has built a legacy that continues to inspire. With a thriving business, a beloved TV series, and a net worth of $5 million, his contributions to the automotive and entertainment industries remain significant.

FAQs

1. Who is Derek Mathewson?
   Derek Mathewson is a British classic car expert and TV personality, best known for Bangers and Cash.

2. What is Derek Mathewson’s net worth?
   As of January 2025, his net worth is approximately between $2 million and $5 million.

3. What is Bangers and Cash?
   It’s a TV series showcasing the operations of Mathewsons Classic Cars, focusing on auctions and the history of vintage vehicles.

4. Who are Derek Mathewson’s sons?
   Paul and Dave Mathewson are Derek’s sons and play key roles in the family business.

5. Where is Mathewsons Classic Cars based?
   The business is headquartered in North Yorkshire, with multiple showrooms and auction events.