Somebody said something about quality control. I own an '64 jazz, which to this day is the sweetest bass I have and have ever owned. Not being a technician, its difficult for me to quantify the reason why. I do remember however buying a brand new Fender Precision off the rack in 1974. It took me only a few years to realize that it really was a substandard bass. Quality control comes to mind and it did remind me of the auto industry of the 1970's. Poor quality control. That may be an unfair statement and I can only imagine that the health at Fender in 1974 was not that great. But I do know that when I finally was able to acquire my '64 Jazz at a Houston music store in 1980 (paid $800) and traded in the Precision, I have never looked back. Today I also own a nice Pedulla MVP and have picked up an American made G&L. These are far superior basses to that 1974 Precision!