Welcome to the forum. Mine was in great shape body and interior wise and was worth the price I paid with no rust. Check for rust everywhere and any dings, dents, scrapes..etc. Anything to help negotiate the price down. Almost forgot, I am editing and adding this here, check to make sure the park brake works. It is a PITA to fix if needed.
Almost forgot something else, make sure to check the temp gauge and that it stays below 210 degrees during road test. Oil pressure, engine temp and charging gauge, watch them. Crap, almost forgot something else: this is the mileage where the steering and suspension should already be pretty loose and in need of parts replacement and if not already had steering and suspension work, the steering and suspension could feel loose and bouncy and roam on the road. Be prepared for that and for replacing as needed if you buy it.
Many things to consider. Will it be your daily driver? Gonna tow with it? Condition of all the bloods/fluids in it and the age of them? I don't give two craps about how "transparent you think the owner has been so far, does he/she have paperwork to back up claims/maintenance/repairs that have been shared with you verbally? On my road test almost 2 years ago, I ran the crap out of it at 133k miles on the clock. I wanted to see what it had for power and handling and braking action, did the trans shift correctly and was not sluggish, climb under it and look for leaks. I expect leaks unless the transparent owner said there is none and if it does, call him/her out for it. I don't like to ever see a detailed engine compartment that hides leaks. Does it have the OE spider wheels on it? Do the tires have some decent tread and all match? Any CEL? Starts right up? Idles smooth? Good oil pressure at least at 30 psi at idle. Mine is at 151k miles now and idles at 38 psi. Are you keeping it stock or are you gonna get nuts with it?
I negotiated down to $8k here in Oregon and have not looked back. I have bought close to $13k worth of parts, almost all Genuine GM, and I dare say my Z71 will perform as well as any stock 2005 Z71 on the roads anywhere in the USA. It was a commitment when I bought it. I knew I wanted the best model years Z71's from 2000 to 2006. NBS is where it is at and worth the investment, IMO, for the long haul. If I need an engine or transmission later, it will be done. Look at my build thread and see what I am talking about. Since you are new to the Tahoe world, IMO, you cannot pick a better rig to do it with. Start by changing all fluids and get to a baseline. Oil and filter and use a great filter like a WIX XP, transmission fluid and filter, power steering, brake fluid, coolant and thermostat, differentials and the transfer case. You may not have the money I had. No matter to worry about. Just do it in stages and keep documented info on it. If the owner can prove recent fluids I suggested, then you can save some money. These receipts show I committed to mine:
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If you have any questions at all, PM me or start a thread but as I was saying, see my build thread. If there was a road around the earth, I would drive it no problem at all.