Phone this guy he's in London
http://www.talkbass.com/forum/showthread.php?t=536843
He might do a better deal
That's a beautiful looking bass and for the price quite reasonable
Also ask him where the bass was repaired and ask the shop if they recommend it
It's always good to get a 2nd or 3rd opinion
Personally I would recommend going to London with your teacher (and parents) . Hit as many shops as possible and try out a bunch of mid-high end basses to get a good feel for quality. Ask your teacher to audition some and stand back and listen. At the end of the day , go to see that Talkbass member's bass and try it out. By that time you will have a grasp of what sounds good and will be able to make a good decision.
And including your parents will show them the difference between low/mid/high
If that isnt possible then ask a London talkbass member to audition it for you and report back
I always recommend buying a used bass
Its had a chance to settle and as the wood ages it gets warmer sounding
And also by that time it should have had the necessary setup and repairs
Thanks
Robert VanLane