Just like with production solid body basses, USUALLY the higher the price the better the chance of getting a good one. Manufacturers will have good years and bad years, but usually the higher price basses give you the better chance of getting a good instrument.
With that being said, you can still find one at a low cost that you'll be satisfied with. If possible you need to get out to the local shops in your area and check them out first hand. Never mind the name on the headstock. If you like the way one plays, it sounds good and it's in your price range.....buy it.
Be aware that it will not have much volume on it's own. You might be able to play along with 1 acoustic guitar, but otherwise you'll need an amp.
Good luck and let us know what you find.