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Pawn shop find: Is it worth $110?

Soooooo.....what is it? The local pawn shop wants $110.
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I know it is a VJ Rendano P-style bass with a humbucker pickup. It also looks like the finish is similar to a Fender antigua finish. The other pictures show that it is in good shape. I've never seen one of these before. I was just wondering if it was worth driving the 40 mins to check it out.

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Hard to tell from only two photos, but pawn shop instruments are often priced on what the market will typically bear for them. There appears to be a fair amount of rust on the pick up screws and the bridge appears to be pretty tarnished. Now, that's not to say it's not worth a hundred bucks, just that you've got to take a good, hard, critical look at it. For every gem I've found, I've found at least 10 dogs, and I've been blinded by low priced clearance tags on a couple of those. I don't usually expect to find something in a pawn shop that I can flip at a profit because most of the price already takes up where the profit for me to flip it would be. I drive about an hour and a half to get to band practice and drove an hour and 45 minutes to meet a guy to score my current #1 bass, so 40 minutes is an easy commute. I'd go take a look just for kicks.
 
I'd go take a look at it. I've never heard of the brand, but that doesn't mean anything. The hardest thing about PSB's (pawn shop basses) is that they almost always are in desperate need of new strings and a set up. You have to be able to see what it can be, not necessarily what it is right now, but without rose colored glasses. I still think it's interesting enough to take a drive to see it in person.
 
I'm definitely stopping by the shop on Tuesday when they reopen. I know how to haggle and if it seems like it is salvageable to PLAY, I will get it. I'm hoping it is a diamond in the rough. I don't mind doing some cleaning and a setup with new strings.
 

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