Dealer switches to auc­tions

Classic Car Weekly (UK) - - News -

A top clas­sic car dealer has ex­plained why he has switched 90% of his busi­ness to run­ning auc­tions.

Derek Mathew­son, of North York­shire-based Mathew­sons at­tributes the change in busi­ness down to ‘time­wasters, day dream­ers and get­ting cyn­i­cal over the cur­rent mar­ket’.

He has been selling clas­sics for 45 years, and has built up his own col­lec­tion of more than 100 ve­hi­cles.

Derek says: ‘To be hon­est I’d had enough of just deal­ing in clas­sics and the way the mar­ket has been go­ing.

‘We are still selling a few clas­sic cars re­tail, but I’m pleased to say that auc­tions are now 90% of our busi­ness. We love do­ing this.’

Mathew­sons’ main show­room at Thorn­ton-le-Dale near Pick­er­ing has now turned over to stor­ing and dis­play­ing lots for the seven auc­tions tak­ing place there ev­ery year.

The next sale, on 16 July, will have around 140 cars and mo­tor­cy­cles go­ing un­der the ham­mer along with au­to­mo­bilia and other lots.

‘I must em­pha­sise that we have many great cus­tomers, but as time goes on there seem to be more and more time­wasters and a lot of dream­ers – peo­ple say­ing that they were call­ing from 30 miles away on their way to see us and then never turn­ing up.

‘Peo­ple are pay­ing huge sums to have cars re­stored, think­ing they will get it back in this mar­ket, but even with a good restora­tion this rarely hap­pens,’ Derek says. Nick Larkin

www.mathew­sons.co.uk

This Mor­ris Trav­eller, Tri­umph Her­ald and Wolse­ley 1500 will be in Mathew­sons’ 16 July auc­tion.

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