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So how much money have you dropped into your cheap bass?
I just spent about $550 to put into my new Ibanez Mikro that cost me $175 with a nice hard case. (I'll do an NBD post once all the parts come in and I've finished modding it).
My "upgrades": Install Labella Deep Talkin' flats.
Done.
Unless I have a problem with a bass, I normally don't change things. Even when playing low-budget 1970's Kay basses, I left the pickups and sheet metal bridges alone.
Why? Because that way, they sounded as they were meant to.
However, I confess that I added pickups covers and a gee-whiz PG to my Jazz bass.
Only bass I done many changes to was my Peavey Zephyr 5. Had a faulty volume pot and previous owner made a real mess in the control cavity. Decided to turn it active and swap the soapbars.
Bass £100
Preamp from a Noll clearance £27
2 Warman Jazzbar humbuckers £32
2 rosewood pickup covers £6
All was good until a friend suggested it would look better with gold hardware and I listened
5 Wilkinson versions of ultralites £32
Brass nut £6
Wilkinson high mass bridge £17
Control cavity and TR covers were replaced by black ash I had spare.