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Nice, nice, nice... but YOW!

Yeah, if you're interested in framing it and hanging it on a wall, it might be a beautiful piece. But how about the reality of playing bass -- practicing and gigging with it, or even just avoiding scratches while changing strings? I'd be deathly afraid of touching it for fear of damaging it or losing it to a thief, even with proper insurance. Owning something that expensive would be way too stressful for me.
So you don’t own a car nor a house because it would be too stressful?
 
What a beautiful instrument; everyone has their taste, but I do think these instruments sound as incredible as they look. I have one Roya concept and its sound spectrum is quite unique. The bass can produce a thick mid-tone and a crystal overtone at the same time which I have very rarely heard in other instruments. It cuts through stone when needed. Below an example (Interstellar), video quality is not the best, but I believe the sound is pretty good. Also at the end, some Miles Davis channeling using this beast’s MIDI capabilities. Hope you like it! Jens all the way…..

If there's no money above the fifth fret, how could afford that bass?
 
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Ritter also did Phil Lesh's "Eye of Horus" Bass. To me, it looks more like "Large Intestine of Horus," but Phil seems to like it. Personally, that's a big "nope" for me. ;)

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so this is carbon wrapped and not a full carbon fiber?

In that realm, I have played (owned for a short time) a Bogart Blackstone.... yes, it was that stunning

the ad says it has Maple neck, alder body - all seamlessly wrapped in "Carbon Racecar finish" . If that was a carbon monocoque construction, yeah then I could see it selling for 20K USD (Hey, it is a beautiful Ritter!)
 
At Carter's Vintage, they have this for the lowest price I've seen for a Ritter:
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I bought a bass from them a couple of years ago. Totally positive experience. The Carters are super nice and really go the extra mile for customers.
Although I know it's not the OP's preferred scale.
 
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How does someone rationalize spending 20 grand on a bass guitar?

1) For those with a lot of money, $20K isn’t a lot. Ritter isn’t out to capture the Squire level market.

2) If you’ve priced classical musical instruments (a nice cello, perhaps?), $20K is cheap. Google what Yo Yo Ma’s cello is worth - hint: The world’s most famous cellist can’t come close to affording the instrument he performs on.
 
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Unless it's an F1 car, I really don't see the need for carbon.

Carbon fiber is considerably less dense than steel (or even aluminum), hence it works great to reduce weight in certain car parts. In a bass guitar? Carbon fiber is considerably MORE dense than any wood - about 3x what swamp ash would come in at. Unless it's hollow, it's actually a weight addition....but I'll bet it's there for looks.
 
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Carbon fiber is considerably less dense than steel (or even aluminum), hence it works great to reduce weight in certain car parts. In a bass guitar? Carbon fiber is considerably MORE dense than any wood - about 3x what swamp ash would come in at. Unless it's hollow, it's actually a weight addition....but I'll bet it's there for looks.

I'm familiar with what carbons advantage is. I'm also aware that it's more for posturing on a road vehicle. Ooooh I have a carbon hood, I must be fast! Ooooo I have carbon bits in my interior, I must be fast and elite! Even if most of those interior bits are plastic. . .

I stand by my statement. Race car? Sure. Anything else? Cost/manufacture vrs performance gain is lopsided.