Hey Tech, Ya we have PPV's here as well, most with high mileage though, still going for 10k-ish. I just feel like they all have been beaten and abused. I don't know the cost to reupholster the entire interior and putting in a new center console, etc, but it seems like a lot of work and would come out close to the same as a normal Tahoe for sale.
I would consider it, getting a 13' or 14' with 50k, we just don't have deals like that in CA. (for example this 09' or this 10') I thought about buying out of state to save on taxes, but it would be quite the risk to fly to Texas to look at a PPV.
Have you looked at buying directly at a local county or city auction? Once I registered at Rene Bates auctioneers, I was able to place a bid for my late 2011. In the end I paid $7500 for a Tahoe with 70,800 miles. I also got all of the maintenance records from the County. I am spending $2000 to replace all of the bad interior parts. Some unnecessary spending and mechanical maintenance (new struts, etc.) and I'm at ~$12k total. So far (knocks on wood), our Tahoe is a real gem.
Dealers all have to make their profit. If you buy directly from a government, you can pocket the difference. Buying direct does increase your risk IMO. I drove 200 miles each way to inspect their vehicles and I was only given 30 minutes to do so. You will also be doing more deferred maintenance yourself, but at least you know the work is done correctly.
TLDR: What is your time worth?
P.S. You can usually snag great parts deals on Craigslist or OfferUp if you are diligent. I found a good 2nd row bench and rear door cards for $150.
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