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Fender Jazz bass help!

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 from his squier.
Is this a good deal? Does this one have the badass bridge?