For a jam nite bass, a Squier Affinity Series Precision Bass is too good for 'em.
I've never had one but from what I've seen of Squires from the members here, they might easily out class the MIMs.
I have several MIMs and can't recall any deal breakers. The Baja was a boat anchor but got for 400 bucks at local GC on clearance 10 or 11 years ago.