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I don't think anything is wrong. I've been using my 2004 Silverado much less ever since I got the Camaro 2 years ago. It has been dead reliable. I would go over the truck and give it new fluids though (oil, transmission, coolant, power steering, rear end gear oil). Used vehicles all have different stories. If the previous owner took care of it, you should have minimal problems.
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2011 Summit White Camaro 1SS/RS
-6.2 LS3, TR6060, 3.45, G80
2004 Black Silverado 1500 2WD Regular Cab, Short Bed
-5.3 LM7, 4L60E, 3.42, G80
2014 White Caprice PPV
-6.0 L77, 6L80E, 2.92, G80
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