Derek Mathewson is a prominent figure in the world of classic cars. With a deep passion for vintage vehicles, he has made a significant impact in the automotive industry. Derek’s expertise and love for old cars are showcased in his popular TV show, Bangers & Cash, where he buys, sells, and auctions classic cars. Over the years, he has built an impressive reputation and a fascinating car collection. This article explores Derek Mathewson net worth, personal life, and career journey as of 2024.
Biography
| Full Name | Derek Mathewson |
|---|---|
| Date of Birth | October 13, 1951 (74 years as of 2025) |
| Profession | Classic Car Expert, TV Personality |
| Nationality | British |
| Marital Status | Married (status under review) |
| Children | Two sons, Paul and Dave |
| Net Worth | $3.5 – $5.5 million (As of 2025) |
Early Life and Education
Derek Mathewson was born in the UK on October 13, 1951. He developed a passion for cars at a young age, spending much of his childhood around vehicles and gaining mechanical skills. While details about his formal education remain scarce, Derek’s natural inclination for mechanics and his interest in the automotive industry laid the foundation for his future career.
Career
Derek Mathewson’s career started in local garages, where he worked on vehicle repairs and restorations. However, his passion for vintage automobiles led him to establish Mathewsons Classic Cars in 1970, a family-run business specializing in the sale and auction of classic cars.
Turning Point: The Success of Bangers & Cash
Derek’s career took a massive leap when Bangers & Cash premiered on UK television. The show, which showcases Mathewsons’ operations, quickly became a favorite among classic car enthusiasts. Its success led to the launch of Bangers & Cash: Restoring Classics, a spin-off series that focuses on restoring rare and valuable vehicles.
Challenges in Running a Classic Car Business
Managing a classic car auction house comes with its hurdles. Market fluctuations, sourcing rare vehicles, and maintaining authenticity in restorations are some of the key challenges. Yet, Derek and his family have continuously adapted, ensuring Mathewsons remains at the forefront of the vintage car industry.
Behind-the-Scenes of Bangers & Cash
The TV show Bangers & Cash has become a staple for classic car enthusiasts, offering a unique look into the world of vintage car auctions. Behind the scenes, Derek and his family face various challenges, from sourcing rare cars to managing complex restorations. Memorable moments include the discovery of a 1965 Ford Mustang and a rare Aston Martin DB4, both of which attracted significant attention at auction.
Personal Life and Relationships
Derek Mathewson is married to Sue Mathewson, and they have two sons, Paul and Dave, who share his love for classic cars and work in the family business. However, recent reports have revealed significant challenges in Derek’s personal life. In February 2023, news emerged of an affair between Derek and his colleague, Vicki Ivens, who is 26 years younger. This revelation caused considerable strain on Derek’s marriage, with Sue reportedly considering divorce.
Vicki Ivens, who left both her husband and her position at Mathewsons following the affair, now works at Flamingo Land theme park. Derek has been seen spending time with Vicki, further fueling speculation about his current marital status.
Derek Mathewson’s Classic Car Collection
One of the highlights of Derek’s career is his personal classic car collection. Some of the most notable vehicles include:
- 1965 Ford Mustang (his personal favorite)
- Aston Martin DB4 (a rare gem in the classic car world)
- Jaguar E-Type
- Porsche 911
Hidden Gems in Derek’s Collection
While most of his well-known cars have been featured on Bangers & Cash, Derek also owns lesser-known classics like a 1934 Rolls-Royce Phantom II and a 1962 Alfa Romeo Giulietta Spider.
Rare and Unique Cars Sold at Mathewsons Auctions
Over the years, Mathewsons has auctioned several rare and high-value vehicles, including:
- A Ferrari 250 GT California Spyder, which sold for over $1 million.
- A 1961 Aston Martin DB4 GT, one of only a few hundred ever made.
- A Jaguar XK120, a beautifully restored roadster from the 1950s.
These auctions have not only contributed to Derek’s financial success but also cemented Mathewsons’ reputation in the industry.
Derek Mathewson Net Worth
As of 2025, Derek Mathewson net worth is estimated to be between $3.5 million and $5.5 million.
Sources of Income
- Mathewsons Classic Cars (auction revenue and sales)
- TV Shows (Bangers & Cash and its spin-offs)
- Public Appearances & Events
Comparison of Net Worth Over the Years
| Year | Estimated Net Worth |
| 2022 | $3 million |
| 2023 | $3.2 million |
| 2024 | $3.5 – $5 million |
| 2025 | $3.5 – $5.5 million |
Comparison of Net Worth with Other Celebrities
| Celebrity | Net Worth |
|---|---|
| Derek Mathewson | $3.5 – $5.5 million |
| Richard Rawlings | $20 million |
| Mike Brewer | $1.5 million |
| Wayne Carini | $20 million |
| Ant Anstead | $5 million |
| Edd China | $3 million |
7 Interesting Facts About Derek Mathewson
- Derek has a collection of over 100 classic cars.
- He started his first car restoration project at the age of 16.
- Derek’s favorite car is the 1965 Ford Mustang.
- He has appeared in over 100 episodes of “Bangers and Cash.”
- Derek is known for his encyclopedic knowledge of car history.
- He often participates in classic car rallies across the UK.
- Derek’s business, Mathewsons Classic Cars, has been running for over 30 years.
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Lessons from Derek’s Success
Derek Mathewson’s journey offers valuable lessons for aspiring entrepreneurs and classic car enthusiasts:
- Passion is Key: Derek’s success stems from his deep love for vintage cars.
- Adapt to Trends: By embracing TV and digital platforms, Derek has expanded his reach and influence.
- Family Matters: Involving his sons in the business has strengthened both their bond and the company’s legacy.
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Current Status and Future Plans
Currently, Derek continues to manage Mathewsons Auctions and film new episodes of Bangers & Cash. He plans to expand the business and has hinted at launching a new TV series focusing on rare car restorations. Despite challenges in his personal life, Derek remains dedicated to his passion for classic cars and his role as a leader in the vintage car industry.
Social Media Presence
Derek Mathewson maintains a modest online presence, with updates shared through the official Mathewsons Classic Cars social media accounts. Fans can follow these accounts for auction schedules, updates on classic cars, and behind-the-scenes moments from the TV show.
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Conclusion
Derek Mathewson’s journey from a small garage worker to a TV star and classic car mogul is nothing short of inspiring. Despite personal and business challenges, he continues to thrive in the automotive industry. His passion for classic cars has cemented his legacy as one of the most respected names in the field.
FAQs
Q: What is Derek Mathewson net worth?
A: Derek Mathewson net worth is estimated to be between $3.5 million and $5.5 million as of 2024.
Q: What is Derek Mathewson known for?
A: Derek is known for his expertise in classic cars and his appearances on the TV show Bangers & Cash.
Q: Does Derek Mathewson have children?
A: Yes, Derek has two sons, Paul and Dave, who work alongside him in the family business.
Q: What is Derek Mathewson’s favorite car?
A: Derek’s favorite car is the 1965 Ford Mustang.
Q: How long has Mathewsons Classic Cars been in business?
A: Mathewsons Classic Cars has been in business for over 50 years.
