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Bass under $200

I personally bought myself a 1989 Squier II P-bass a couple months ago. That one and a couple HWY 1's I've played are the the only P-basses I've ever liked. I got mine for $125 AFTER shipping on ebay in very clean shape. Tuners are high quality, neck is vintage tinted, high quality bridge and great pickups.
 
For $100 bucks you can get a old Peavy combo like a TNT, loud enough to rehearse with and even gig with. A used Squier P bass, Rondo Link Removed or Peavy, Patriot, Fury etc. would be a good bass to start with.
 
If you have a knoledgeable friend and you can find used basses look into that, take your friend so he can check if the bass is "healthy".
You can find some really great deals on used gear, but I wouldn't trust buying cheap stuff on the internet, so make sure you can try before you buy something.
 
I just bought a Peavey Foundation fretless w/gigbag & a Peavey Minix 110 for $160 ! ! ! I'm a Peavey, Craigslist junkie ! ! ! Last summer I bought a Rudy Sarzo signature off CL for $340 shipped ! ! ! See Avatar Photo ! ! Oh, 1 more Peavey Fury for my son local pawn shop $70 ! ! !
 
Does it matter what you get at that budget? It's going to sound crappy and you're going to blame the bass instead of the player, but the bass will be fine.

Just go to a pawn shop and get whatever you looks good. It will work.

Wrong.

My $75 used SX P -bass is as nice as a bass I've paid 10x more for.

A couple suggestions:
Order new from Rhondo Music or pick up a used Squire that feels good to you. The Peavey Microbass that someone else mentioned is a great little practice amp. I picked up mine used for $50 off of CL.
Good luck and happy hunting!
 
I don't know your location but check this out - [Invalid or Expired Link Removed]

... this is a REALLY GOOD POINT ... the best thing you can do to help us help you, is FILL OUT YOUR PROFILE ... you dont need every detail of your life in there, but at least age, location, and some sort of idea of any gear you have owned, experience, etc ...

... we often need more info to give a good personalized answer, or a lead to a good local deal your way ... its not enough for us just to know ... heydudeitsdennis :)

you will only get stock answers without sufficient info ... buy a $100 Squier and a $100 Peavey built like a tank

... of course, this comment was offered in a helpful tone, and with encouragement (someone once told me that asking someone to fill out their profile was condescending, not encouraging)