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This is the first guitar I am picking up used, bass or otherwise. What should I look for when I pick it up, what should I check, how can I tell if its been abused? Please help. I leave in 2 hours.

I am going to go meet someone this weekend to look at a 2-month old Highway 1 jazz bass. Serial number Z7148199 I assume this was made in 2007. I will be paying 525 and I think that is a fair price, but a buddy of mine says its too low. I'm not a bass expert, its for my brother to upgrade...