Monday, April 7, 2025

Celebrity in money trouble – all the cars are gone

Mike Brewer, who made a name for himself on the British car show Wheeler Dealers, has to admit that he's not made of money. Now all the classic cars are gone.

TV personality Mike Brewer, known from the show Wheeler Dealers, has recently made a decision that has caused a stir: He has sold his entire collection of classic cars. In the podcast "Road To Success", Brewer explains why he felt compelled to sell his many vehicles.

Brewer, who has made a career restoring and selling cars at Wheeler Dealers, explains that the decision was primarily based on two reasons.

First, it was about finances. The TV celebrity had invested in a new house, which turned out to be significantly more expensive than expected.

To finance the house purchase, Brewer felt he needed to free up capital, which he did by selling his extensive car collection.

"My assets were tied up in the cars, and I had quite a bit at the time," Brewer says in the podcast.

The second reason for the sale was that Brewer saw the classic cars only decreasing in value. On the other hand, this fact made it easier for him to part with the collection. After the auction, where the cars were sold, he did get enough money to cover the purchase of the house.

The podcast's host, Ben Fowler, subsequently asked Brewer about his emotional attachment to the cars. However, the TV host denied having any special affection for the vehicles.

"Cars are just objects, and they're for sale," Brewer states.

The TV presenter isn't the only one to make headlines by appearing on Ben Fowler's podcast. So has former Top Gear host Richard Hammond's daughter, "Izzy" Hammond.

In the podcast she appears on, there is no room for ambiguity in her relationship with her famous father. He hasn't always been very thoughtful, she believes.

"He's an idiot. He has that thing that race car drivers have where they just don't own fear. Everyone has that line where they think 'okay, I know where the line is,'" she says.

https://www.youtube.com/watch?v=68TONjexngc

Latest

Don't miss

Volvo fires director – gets 31,000 kroner a day

Volvo Cars has decided to fire its CEO. Jim...

Hydrogen car named after Danish city survives

Hyundai is betting again on the Nexo hydrogen car....

Stellantis regrets: HEMI series of V8s returns

The now-fired CEO Carlos Tavares put the HEMI series...

Trialled in Denmark – Sweden says no to new car tax

There will be no mileage tax in Sweden, not...

Desperate Audi? Selling Le Mans car with V12 diesel engine

Audi is short of money. And now they are...
Boosted Magazine
Boosted Magazine
Boosted in Denmark has over a million unique users, surpassing two million sessions, and accumulating over seven million page views each month, and our platforms has become a hub for automotive enthusiasts. Now you can enjoy our content in English too! Enjoy our free car news - every day. Want to talk to us? Write an email to boosted@boostedmagazine.com
spot_img

Tuner transforms new Suzuki into iconic Renault Turbo 5

Japanese DAMD transforms your Suzuki Jimny with new styling kits. Make it look like a Renault 5 Turbo or Lancia Delta Integrale from the...

Popular Tesla CEO resigns – stock plummets

Tesla's software chief David Lau is reportedly leaving the company after 13 years. At the same time, Tesla's stock price fell significantly by 10...

How 3 points will save Volvo from bankruptcy

Håkan Samuelsson returns as CEO of Volvo Cars. His experience will help secure the electric car future, increase Geely synergy and reduce costs. Håkan...

Hydrogen car named after Danish city survives

Hyundai is betting again on the Nexo hydrogen car. It will have a range of 700 kilometers and a new design inspired by other...

Formula 1 team in trouble – forced to sell

Formula 1 team Aston Martin needs money. But so does the car brand. That is now triggering a partial sale of the business. Lawrence...

Michael Schumacher's perhaps most famous Ferrari is up for sale

Since Michael Schumacher's horrific skiing accident back in 2013, a good portion of the star's collection has been sold. Now his winning car from...

Left the electric car for 6 months – this is what happened

Cars never benefit from being idle for long periods of time. Electric cars are no exception. After 6 months, even Tesla doesn't know what...

McLaren ready to drop special status in the automotive industry

Under director Nick Collins, McLaren will transform itself. With capital from Abu Dhabi, the brand will become a broader luxury brand with more car...

Unexpected method forces drivers to drive slowly

It looks so strange that the authorities have had to assure that it's not an April Fool's joke with the twisted stripes on the...

Volvo receives criticism: Diesel ban may have cost 70 percent

Aktiespararna questions Volvo's focus on electric cars after another major share price drop. Was the decision to drop diesel cars premature in light of...

Ford recalls over 4,000 flammable gasoline vehicles

Ford is now recalling over 4,000 gasoline cars because they are equipped with the brand's 3.5-liter EcoBoost V6 engine, which is flammable. Ford is...

Desperate Audi? Selling Le Mans car with V12 diesel engine

Audi is short of money. And now they are trying to make their motorsport division, Audi Sport, pay the price by selling off legendary...