IMO my 1990 MIJ Squier Precision is as good a Precision as I've ever played, period. That includes custom shop MIAs, JVs etc etc, I've tried them all, and as nice as many of them were (Homers' P5 was particularly nice) for 200 quid from ebay (admittedly in a sorry state until I restored it) my Squier was a steal, and paying a grand for a JV is mad to me. It'd have to be utterly perfect at that price.
There's so much cobblers spoken about 'vintage' gear. I've played some absolute dogs from the 70s and 80s, and owned a couple too, on the flip side I had a very nice 78 Precision I wish I still had, but honestly, I believe my £200 Squier is better.
It doesn't matter where or when a bass was made, or by whom, it just matters that it plays and sounds great to you. Forget about the decals on the headstock, it really can be irrelevant.