I am a contrarian at heart, and am generally suspicious of anything that even hints at establishment or corporate hype. I started playing bass around 1972, and played cheap not-Fender instruments because I didn't want to fall for hype. Besides that, I couldn't afford a Fender anyway. In 1979, I went with a Peavey T-40. my first really decent bass, and my only for 20 years.
Around 1999, I was playing with a church worship team. A touring team visited our church and I was just floored by the bassists sound. Clear, deep and as punchy as all get out. He was playing an old Pbass with flats. That was the end of my irrational bias against Fenders. In a month, I had a nice shiny Hot-Rod Precision. I like the variety of different bass configurations, but I keep coming back to the P.