Exploring Derek Mathewson’s Net Worth & Life in 2025

Derek Mathewson is a British classic car expert and TV star of Bangers & Cash. Born in 1951, he founded Mathewsons Classic Cars in North Yorkshire, which runs popular vintage car auctions. As of 2025, Derek Mathewson’s net worth is estimated between $2 million and $5 million, earned through auctions, TV, and his classic car collection.

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. In this article, we will explore his biography, career, personal life, and the legacy he has built over decades.

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’s story is one of passion, perseverance, and legacy. From selling modern cars in Bedfordshire to becoming a national TV figure and respected auctioneer in North Yorkshire, Derek has built a reputation that blends authenticity with expertise.

With an estimated net worth of $2–5 million in 2025, his influence in the UK classic car scene is unmatched. Through Mathewsons Classic Cars and Bangers & Cash, Derek continues to inspire vintage car enthusiasts and preserve a vital part of automotive history.

FAQs about Derek Mathewson

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

What is Derek Mathewson’s net worth in 2025?
Estimated between $2 million and $5 million.

What is Bangers & Cash?
A TV series on the Yesterday Channel that follows Mathewsons’ classic car auctions.

Who are Derek Mathewson’s sons?
Paul and Dave Mathewson, both central to the family business.

Where is Mathewsons Classic Cars located?
In Thornton-le-Dale, North Yorkshire, with auction showrooms and online bidding options.