Nope, that's wrong. The neck profile is virtually the same. Both have maple necks. Both have the body with the cavity exposed. The Geddy is alder and the Squier is soft maple which are similar. The sound is similar. There isn;t much difference is the MIM pups and the Squier. Sure you can argue this and that, but I'm saying they're pretty darn close and the price differecne is huge. And yes, maybe people buy the Geddy for the way it looks. Otherwise, they can just buy a Mexi special.
... I am afraid that Esoge certainly has a more realistic take on this comparison ... the only caveat, is that the current MIM version of the bass has no channel routing, but it does have the CNC hole in the lower bout, like the other 'non channel routed' MIM bodies ...
... the neck profile of the GL is definitely thinner at the nut than the VM Jazz profile ... the GL was uncomfortable for me, the VM Jazz profile is virtually same as MIM Standards/early Hwy 1's, and my profile of choice ...
... alder shares a similarity to soft maple as they are both woods ... alder is going to be the preferred choice in most cases, and on the resale market, the GL body will bring 2-3x what the Squier VM will ...
... the sound is similar, in the fact that they are both basses, but especially with the switch to the Fender Design pups that the VM are now using, the 58358/9 vintage pups that are currently used in the GL (along with the Classic Series 60's Jazz, 70's Jazz, Highway 1 and One, and American Special) are generally going to be much preferred over the Squier offering .. I did think that the original DD pups in original VM's were a bit better than current offering ...
... regarding the price difference, the vintage stamped machine heads will also bring 2-3 times what the Squier machines will on the parts market, what was the BAII (now Fender HM) bridge will bring 3-4+ times the simple bent plate bridge, the loaded control plate with full size pots and solid shafts will also bring 2x+ what the mini pot, splined shaft pots on the Squier will, etc, etc ...
... bottom line, sure they make look the same, but you arent paying 2-3 x more as your earlier statement implies for no reason ... it is component value ... virtually all components on a GL will carry a solid 2-3x+ value over the Squier VM ... remember, you are also getting 70's pup spacing (if that is important to you) which is not offered at all in the Squire line ... buy what you like, can afford, and are willing to settle for ... just be realistic in your evaluation of product and component value comparisons ... JMHO respectfully submitted