I found a 1980's Peavey Foundation at a local GC yesterday for a song ($125). It is in good used condition except it needs a new tone pot. Those who are familiar with Foundations know they are passive basses with the classic Jazz style layout: two single coil pickups that hum canceled when run together. This bass is pink or salmon colored with a matching headstock. It has a nice maple fingerboard and the frets are still great after 20+ years. Even with the tone control stuck, this bass sounds great. This is a another case of getting a used USA Peavey at a great price. As you guys know, a new American made J-style bass with the overall build quality of a Peavey today would easily be in the $1,000+ ball park at a minimum. The slap tone is bright, to me it is close to Marcus territory. My question is did the Foundations have alder or ash bodies?