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#414 - The Reality of Winding Down a Buy Here Pay Here Portfolio in Today’s Market

Winding down a Buy Here Pay Here portfolio sounds simple until you’re actually in it.

In this episode of The Independent Dealer Podcast, Jeff sits down with Luke to talk through the real-world process of intentionally winding down a BHPH operation. Not from a theory standpoint. From lived experience.

They dig into what happens after you stop originating deals, why staying open matters more than most dealers realize, and how your mindset has to shift from portfolio stability to cash recovery. Luke shares what surprised him most over the last 12 months, how repo strategy changes during an exit…

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