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Bass Dilemma

Based on the pickups that is a Japanese Skyline series that generally uses lower end hardware and electronics. Value would be much lower than the average skyline unless the buyer doesn't know what it is. The trade is probably very good price wise but I not sure if I would be comfortable with that crack.
 
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The crack may be completely stable, but as you can tell from the comments here, it could create a resale problem for you down the road. But if you really love the Fender it may be something you won't part with in the foreseeable future.
 
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If you really want the Fender , you could always pick up a used neck and change it out . Good luck with the decision .

Might not be so easy. The 4 string Am Dlx have a deeper lower cutaway and longer fretboard resulting in the neck being mounted in a different position than a standard Fender. Not sure if the V is the same, but if so, finding a proper neck could be challenging.

OP - I would keep the Lakland. I don't know much about the Japanese Skylines, but the Korean and Indonesian 55-02's are pretty killer instruments. That Fender looks a bit beat.

I have an Indonesian 44-01 as well as a Suhr era Fender Am Dlx - the Lakland was cheaper to buy but definitely holds it own against the Fender. The Lakland also seems to have a wider dynamic range and a crisper/cleaner voice.
 
Just for clarification on the bass (in case any of you come across one and to put a framework around the value of the trade) Lakland licenses their designs to ESP in Japan. ESP makes the Lakland Shoreline series in Japan and they are really expensive but similar to the quality of the Skyline series with alder instead of ash but all of the same hardware and USA Lakland electronics. I don't know when but a few years back they introduced the Japan Skyline series. These are also licensed by ESP but they are built in China to be a lower end Lakland bass for the Japanese market exclusively. They use lower quality woods, the hardware is still licensed Hipshot but built in China (their are different levels of Hipshot licensed apparently), there is no graphite in the neck and they don't use Lakland pickups. I have never played one but I assume they are nice basses. The one in the OP looks great. That said they are Chinese made and a tier lower than the standard Skyline. They seem to pop up in the USA from time to time usually from people buying them used from places like Ishibashi. While a normal Skyline 55-02 would sell from $800-900 a Japanese Skyline version would probably be valued around $500 or so. I would assume that the 5 string jazz would be in the $1000-1100 used range in good shape? I am a little out of touch with their price on the used market. That would make this trade very good for the OP but the crack would probably put me off from doing it personally.
 
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