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Looking for a good bass downgrade…let me explain.

Based on the Reverb price guides, I agree with the comments saying that you are really in a sidegrade situation (i.e. don't bother).
I'm in South Africa, bang for buck is the name of the game for most people. The Fender Mike Dirnt used pricing isn't too much higher than what I consider the bang for buck sweet spot.
If you really are adamant on it, my suggestion would be a Yamaha BB235/234 or find a 2nd hand BB if you can.
 
As an owner of various P basses and an Epiphone Grabber reissue (currently my main bass) it would come natual to me to suggest the Epi but I don't think it's economical enough to call it an actual downgrade.
I would just get a used Squier Classic Vibe P and stick a Seymour Duncan in it; just be sure to try it before buying since I had tons of issues with Squier bass necks.
 
Squire CVs are really good, I'd avoid the anniversary as it's not better than the CV and pricier for no real reason. You may need to sand the neck down if you don't like the coating but that takes a couple of minutes :) Some have had good luck with the Affinity range also, but it's more hit or miss.
 
Keep the bass.

Sell your blood plasma.
I legit forgot I could do this.
I don't see why someone doesn't issue a Grabber sliding retrofit kit maybe sold through ETSY or Reverb. I wonder if routing would be required. I know a pickguard would be most of it. Make it work with the Epiphone pick up as it comes in the new grabber.
Curtis Novak makes one
 
Start calling yourself a bass player, secure a weekly gig with a local band in a dive bar, do the occasional studio session, play root notes with a jazz guitarist and a vocalist in a restaurant, and use your bass to record your own music then sell it.
That's 4 income streams that are better and more personally and musically rewarding than switching basses.

As has been said already, you have a bass you like and know. That is worth more than the hassle of selling it, buying another bass, which is always a crapshoot, and never using it because "you're not a bass player."
 
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With the T40, you get a free workout every time you put the thing on. Of course, those of us who have back problems should avoid that, but maybe you're crazy and like lifting heavy objects?

Seriously, you can get a very decent bass nowadays for very little money, assuming it can be set up well.
 
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As i don't know your situation, I think you can make a little money by selling your Fender. I would go for a used SIRE P5. I don't know in US but here we have a lot of used SIRE on the market. As new it's already a major bang for bucks, so the used market is just magic.
 
So I have this Fender 2004 Mike Dirnt bass, quarter pounders, badass ii bridge, the works. I got it like that a long while ago.

Problem is, I need some money and really it's just a lot of bass for someone who isn't a bass player. I just need a bass to record with.

The type of music I make is like modern lofi garage punk/rock type stuff. That thing Australians seem to be really good at for some reason lol. Almost like surfy punk. Idk, you get the vibe.

So I'm looking for possible downgrades. I was thinking either:

1. 40th Anniversary Squier P
2. Vintage Revo Callan
3. Squier CV 70 P
4. Squier Rascal
5. Some kind of Yamaha BB (I just thought of this while I was typing so I didn't do a lot of research yet).
6. Epiphone Grabber reissue used? Don't know about this one.
7. Pravey T-40 (someone is selling one local)
8. Some other option (suggest me something!)

If you were presented with these options for something given the genre, what would you choose?

I'd love to hear from you guys. Help me out here.

Cheers!
By the time you take the hit on resale and replace it you are not going to be netting much
 
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The paltry amount of money you end up with will not make any real difference, but you will regret ending up with a cheapo starter bass. Keep the Dirnt.
I'll jump on the bandwagon and say this is the route to go ^

Unless you run across a sweetheart of a deal (big Dirnt fan or w/e) you're not gonna get that much for the bass and less expensive basses will need a setup and possibly some other work. You may come out ahead by a few bucks, not worth the trouble IMO. Keep the Dirnt P and cherish it :thumbsup: