I acquired this guitar in January 2009 and it has a market value of $475. It is a Fender Toronado Electric from 2004 that was made in Mexico. This thing plays well and sounds nice and everything works great. The Toronado features two humbucking pickups, alder body, maple bolt-on neck, and rosewood fretboard. As far as I can tell, this guitar is all original. This guitar does have a few minor nicks and dings in the finish that are hard to show in photos with a black guitar.
The Toronado is an electric guitar made by the Fender Musical Instruments Corporation produced from 1998-2006. Introduced at NAMM in 1998, it is a part of the "Deluxe Series" Fenders which are produced in Mexico, generally to higher specs than most "Standard" models. The Toronado features two humbucking pickups, alder body, maple bolt-on neck, rosewood fretboard, and four control knobs (x2 volume, x2 tone) with Adjusto-Matic Bridge with Anchored-Tailpiece. The headstock features the famous Fender "spaghetti" logo and sports vintage style Gotoh/Kluson tuners. The body shape shadows the older Jazzmaster and Jaguar guitars. It has a 24 3/4" scale length like most Gibson electrics.