I have an old mid 70's Fender Jazz bass with a Hip Shot tuner on it and I live it. I prefer that over a bass with active electronics.
It's a bad thing when your battery starts to die on you in the middle of a gig and you don't have a bypass switch to
go from active to passive electronics.
I wanted a cheap 5 string because I'm a drummer that also plays bass and didn't want to spend a lot of green if I wasn't going to dig it. I found a cheap deal on Ebay. It was by a company called Galviston. The 5 string cost me about $180.00 plus shipping. It has passive electronics and only has one truss rod in the neck, so you have to baby it a little. I don't know how long it will last, but for now it's great. I've already made the money back I spent on it. It needed some major work right out of the box, but after adjusting the neck, dressing the frets and just spending some quality time with it, it's an awesome bass. But it still doesn't beat out my Fender Jazz...LOL
Just a drummers view point...