Derek Mathewson is a British classic car expert, TV personality, and founder of Mathewsons Classic Cars, one of the UK’s most respected auction houses. From restoring his first car at 16 to building a family-run business, Derek’s journey is a story of passion, dedication, and family support.
He became widely known through the TV series Bangers & Cash, which follows him and his family restoring and auctioning vintage cars. As of 2026, his estimated net worth is £2 million–£6 million, earned from auctions, television work, and his growing classic car collection.
Who Is Derek Mathewson?
Derek is a veteran classic car expert and auctioneer, with over 50 years in the motor trade. Known for honesty and deep knowledge, he has built a reputation as one of the UK’s most respected figures in classic car auctions. His appearances on Bangers & Cash brought him national recognition and introduced the charm of his family-run business to viewers worldwide.
Early Life: How Derek Started With Cars
Born on October 13, 1951, Derek’s love for cars began as a teenager. At 16, he restored his first car, showing remarkable skill for his age. By 19, he had founded Mathewsons Classic Cars, which gradually focused on vintage and classic vehicles. His early dedication laid the foundation for a successful auction empire.
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Mathewsons Classic Cars: A Family Business
Derek’s sons, Paul and Dave, work alongside him to manage auctions, restorations, and client relations. Their teamwork has helped Mathewsons grow into a trusted name in the UK classic car industry, attracting collectors and enthusiasts from around the world.
Bangers & Cash: Fame Meets Business
In 2019, Derek became a household name through Bangers & Cash, a TV show documenting his family’s auctions and restorations. The program highlights rare vehicles, interesting restorations, and the excitement of real-life auctions. This exposure boosted both his fame and his business.
How Derek Mathewson Built His Wealth
Derek’s net worth in 2026 is estimated at £2 million–£6 million, coming from:
- Classic Car Auctions: Commission from thousands of vehicles sold annually
- Television Appearances: Income from Bangers & Cash and media features
- Car Collection: Over 100 vintage cars, many increasing in value over decades
His wealth reflects a combination of business savvy, media presence, and smart collectibles investments.
Derek’s Car Collection
Derek owns more than 100 classic cars, including British classics, sports cars, and vintage models. Many cars bought in the 1970s are now worth ten times their original value, making his collection both historically significant and financially valuable.
What Makes Derek Mathewson Unique
Derek is admired for being authentic, approachable, and passionate. He focuses on the story behind each vehicle, not just rarity or price. This authenticity has earned him respect from both car enthusiasts and TV viewers alike.
Expanding The Business: Online Auctions
Recently, Mathewsons expanded into online auctions, allowing international buyers to participate. This has increased exposure, sales, and long-term sustainability, while keeping the family business relevant in a digital age.
Who Is Derek Mathewson’s Wife?
Derek was long married to Sue Mathewson. Together, they raised their two sons and managed Mathewsons Classic Cars. Sue has been a strong support throughout Derek’s career and helped build the family business into a respected auction house.
Derek Mathewson’s Reported Partner
Some sources mention Derek has been linked to Vicki Ivens, a former colleague. However, there is no official confirmation, and Derek keeps his personal life private. Readers should treat this information carefully.
FAQs About Derek Mathewson
Q1: How did Derek start his career?
Restored his first car at 16 and founded Mathewsons Classic Cars at 19.
Q2: What is Derek Mathewson’s net worth?
Estimated £2 million–£6 million in 2026 from auctions, TV, and car collection.
Q3: Is Derek married?
Long married to Sue Mathewson; reports mention Vicki Ivens, but not confirmed.
Q4: What is Bangers & Cash?
TV show featuring Derek and family restoring and auctioning classic cars.
Q5: How many cars does Derek own?
Over 100 classic cars, including British and sports models.
The Bottom Line
Derek Mathewson’s life shows how passion, family, and dedication build a lasting legacy. From a teen car enthusiast to a respected auctioneer and TV personality, Derek inspires car lovers worldwide. His net worth reflects decades of hard work, smart business, and a lifelong love for classic cars.
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