May I offer a reason? I just came from the Warmoth site, where I put together a parts list for
the most basic Precision possible, no upgraded parts whatsoever. And no case or bag, either. Total came to $900 shipped. An unassembled box-o-parts...I do all the assembly work....or pay someone to do it for me.
Here is the typical American Standard Precision, available immediately. It includes some better features that are
not included in my Warmoth parts list. Like a great hardcase, Fender's new "F" lightweight tuners (which are exceptionally nice), Posiflex graphite neck rods, Custom shop 60's pickup, high mass bridge with string thru body or top load feature, some case candy, and a full warranty. Total cost = $1350 shipped.
Fender American Standard Precision Bass Maple Fingerboard 3-Color Sunburst 34054
Summary: For $450 more, I get the additional upgrades mentioned above that I don't get from Warmoth. I get a fully assembled bass, ready to play, with full warranty and a return policy if anything is not as it should be. And I get it in 3-5 days. Not to mention that I retain more resale value if/when the time comes to sell the Fender. Used Fenders are easy to sell at a modest loss. Parts basses are not easy to sell without taking a massive loss. Even then, good luck finding a buyer.
The notion that buying a Fender involves "paying extra just for the name" simply doesn't add up. In truth, Fenders are very competitively priced, often less than their peer competitors. If I had upgraded the parts on my Warmoth list to equal what I get with the Fender, I'd be very close to the same cost. And I'd still have to assemble it. Pass.
Warmoth is fine for concocting a unique guitar with features and materials that are unavailable from the typical production builders, or if you just enjoy building parts guitars. But there is no money to be saved, as you will pay dearly for any serious upgraded parts from Warmoth.
Question: What recourse do you have when your completed Warmoth parts guitar turns out to not be as awesome as expected? Like a neck and body that don't happen get along very well with each other? I know what I can do if I get a "dud" production bass...I can exchange it for another one or return it for a refund.