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The way the contours are painted I would guess it's got a plywood body. I might still take a chance on it.
Yes, if it's playable. Could always upgrade parts. But at least try and talk down the price.

It reminds me of one of the Fender Black Top series basses
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.
Thank you for the pic and your input. I hope this one is a solid player. The craigslist add says it is in good shape, but I won't know for sure until I get there.Buy it. I have a 1980 VJ Rendano Fretless that I love (pic attached). These are essentially Hondos, made in Japan. The neck on it is fantastic, on the bridge saddles are big brass blocks. Unless they used inferior brass (LOL), I wouldn't cosider it cheap. It's quite good, and the tuners are, too. replaced the crappy original pickup with a NOS Schaller/DiMarzio from the original Kramer factory I picked up on Ebay for $15. I don't think the body is plywood, but it's probably more than 2-piece. If $110 is your budget, this is an easy choice over Squier.