I needed a bass for the jam I play at. Budget was around $300. Having played a friend's Fender Precision Elite I can say with confidence, this is not an Elite lol. It's a Squier Affinity I picked it up this week at L & M. I ordered a file for the fret sprout, and the action and neck will need attention once that is done. It actually sounds ok, through the old Ampeg combo we have in the backline. Looking forward to tinkering with this to see how much it can be improved - with the stock parts. I'm not planning on any upgrades, just make it easier to play.