It's never done....
Exactly. I recently had a chance to buy a 2004 K2500HD crew cab short bed with 117k miles on it. The interior and exterior were perfect. I mean, showroom condition.
The truck needed several leak repairs under it though. It was not worth, to me, the $16k he said he would sell it to me for because his son is the shop owner I help at periodically. It also needed a complete set of tires. I am so used to my Tahoe wheelbase that I just did not see a need to buy the truck "because of a want" instead of "a need". It was to pricey for what it would still need. I offered him $13k and he said no. All good and shook hands.
My girls 1990 K2500 does all that we ask of it for a truck. At 130k miles on the rock solid 5.7 and everything working, it is worth putting some money in it and it has great tires.
I was already going to do the valve stem seals because of the puff of blue smoke at start up. All those 5.7 engines need the seals eventually. The a/c blows cold but the clutch is noisy. I have the special tools for the work, so gonna do it and parts are here. During the inspection of the a/c noise, I found the oil seepage at the front and rear of the intake. So, me being me, I am gonna do it all and she has all paperwork of the truck history since she has owned it before I got my hands on it. The tune parts are only 5k old. The TBI does not have to come off and neither does the egr but they will be removed and new gaskets installed during a clean up. That right rear heater hose connector is a PITA, so it gets done.
The belt and hoses and tensioner and idler are all relatively new, I know because I did them. The thermostat is done just because. Of course add in an oil change.
The truck has absolutely no dents and the paint is decent. That is why it got all new lights, front and rear, new headliner and visor fabric. New side moldings. New grill and BowTie. New fan shroud. It will continue to get taken care of. She loves the truck and calls it "The Beast", affectionately of course. She has a 74k miles 2002 TrailBlazer and loves it but really likes driving that truck. By the way, withing the last 8k miles, the 700R4 transmission had a Wa. stae GM dealer put a GM crate 700R4 in the truck.