Exploring Derek Mathewson’s Net Worth & Life in 2025
Discover Derek Mathewson’s journey, verified net worth, and legacy in the classic car industry and TV. Updated insights for 2025.
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Derek Mathewson is a well-known British classic-car expert and auctioneer who founded Mathewsons Classic Cars, one of the UK’s most trusted classic vehicle auction houses in Thornton-le-Dale, North Yorkshire. He has operated car showrooms and auctions for several decades and rose to national fame through the TV series Bangers & Cash, which follows his family-run auction business. As of 2025, most reliable online sources estimate Derek Mathewson’s net worth to be in the range of $2 million to $5 million, based on his business earnings and TV presence.
Biography
Early Life and Education
Derek Mathewson was born on October 13, 1951, in the UK. His passion for automobiles began early, and by his teenage years he was already repairing engines and recognising rare models. In 1970, Derek entered the motor trade in Bedfordshire, where he sold modern cars and commercial vehicles.
As his interest in vintage cars grew, Derek and his family gradually shifted their focus toward the classic car market. By 1988, after relocating to North Yorkshire, he had firmly established himself in the world of collectible and historic vehicles. His practical skills and decades of experience have made him one of the UK’s most respected classic-car specialists.
Career
Mathewsons Classic Cars
In the 1970s and 1980s, Derek grew his motor trade operations across North Yorkshire, 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 show’s popularity later inspired a successful spin-off series, Bangers & Cash: Restoring Classics, where cars bought at auction are restored to their former glory. Derek’s approachable personality, sense of humour, and deep expertise have made him a favourite 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. The news attracted public attention, but Derek has remained focused on the business, while his sons Paul and Dave continue to manage the day-to-day operations and keep the family business 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:
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Mathewsons Classic Cars auctions & showrooms
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Television appearances on Bangers & Cash
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Personal collection of valuable classic cars
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Earlier ventures in modern car sales, leasing, and contract hire
His financial position reflects over fifty years of experience in the motor trade and a long-standing reputation in the classic-car community, along with his ability to turn a lifelong passion into a thriving enterprise.
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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:
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Aston Martin DB6 (restored by Derek himself)
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Aston Martin DB MkIII
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Aston Martin Vantage
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Porsche 911 Carrera models
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Historic commercial vehicles, such as Morris J-type vans
These cars represent both valuable investments and a lifetime of passion for automotive heritage.
Philanthropy and Community Work
Derek and Mathewsons Classic Cars have raised significant funds for local charities, including Martin House Hospice. His continued charity work highlights his long-standing connection with local communities beyond the auction world.
7 Interesting Facts About Derek Mathewson
- Early Start: Derek began selling modern cars in Bedfordshire in 1970, transitioning to classic vehicles soon after.
- Family Business: His sons, Paul and Dave, are instrumental in the success of Mathewsons Classic Cars.
- TV Fame: Bangers and Cash premiered in 2019 and remains one of the most popular shows on the Yesterday Channel.
- Classic Car Collection: Derek owns rare models, including Aston Martins, Porsche 911s, and Jaguar E-Types.
- Charitable Work: Derek and his business have raised thousands of pounds for children’s charities, including Martin House Hospice.
- Spin-Off Success: The spin-off series Restoring Classics highlights the challenges and rewards of car restoration.
- 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:
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Expand online auction services to attract global buyers.
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Host special car events to celebrate classic car culture.
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Preserve and showcase rare vehicles for future generations.
Even after previous health challenges, Derek remains actively involved in the business and continues to appear regularly on the show, embodying the passion and dedication that have defined his career.
Social Media Presence
Derek himself is not very active online, but Mathewsons’ official social media accounts (Facebook, Instagram, and YouTube) share:
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Auction announcements
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Behind-the-scenes clips from Bangers & Cash
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Restored vehicle showcases
This digital presence helps the brand connect with younger audiences while preserving its traditional customer base.
Conclusion
Derek Mathewson has transformed his lifelong passion for cars into a successful family business and a popular TV presence. 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.
