True, but at the same time, if the Chinese and Indonesian made Squiers were THAT good, wouldn't you see them on stages all over the place? Especially given how inexpensive they are? I think Ive seen like one Squier on a stage in LA in 6 years. Don't even see them in dive bars around town. Even the guys with "beater" basses they don't care what happens to getting knocked around in a bar or club are using older Fenders, not Squiers.
The parts on Squiers are cheap indeed. The bridges, tuners etc...are not built to stand up to rough treatment for years gigging on the road or you would see them everywhere. As Ive said, Ive gigged a Squier bass and a guitar before for shows in tiny bars where I didn't want to bring my more expensive gear. I would never take them on the road, they just aren't built for it, and Im certainly no pro.
Either you haven't tried the Chinese CVs or you must have been extremely unlucky and gotten a bad one.
The Chinese CVs really were THAT good in my experience. At least the ones I've tried. I've not been particularly impressed with any of the Indonesian Squiers but the CIC CVs were special IMO.
I currently own three Chinese CVs: CV50 P-bass, CV70 P-bass and CV60 Strat.
For comparison's sake I also own several MIA+CIJ Fenders, including Custom Shop + several other expensive basses like Rick, USA Gretsch, Sandberg, Gibson, some mid level stuff like Ibanez, Yamaha + a bunch of vintage European basses like Höfner, Burns, etc.
I use the Chinese CVs just as much as my more expensive basses. The CV70 in particular is an AMAZING instrument regardless of price and one of my top3 favourite P-basses ever.
For the CVs I own I'd say the build quality varies from good (CV50) to very good (Strat) to EXCELLENT (CV70). Certainly no worse than currently manufactured Fender USA. Excellent fretwork, no worse dead spots than my MIA Fenders, flawless finish, none of the silly QC issues of Fender USA, very nice Alnico pickups. My CV70 even has a quartersawn maple neck. I don't think you will find that in another Fender bass except Custom Shop at $3500 and upwards.
(For comparison I'd rate the quality of the
Indonesian Squiers I've tried from poor to good. Very inconsistent, some have been good but none have been great without mods).
The hardware on the Chinese CVs isn't anything special but the same could be said about any vintage style Fender. There's absolutely nothing about the CV hardware that has given me any problems whatsoever with ONE exception: The poorly designed output jack socket on the CV50. It was a relatively cheap and easy fix to replace it with a Tele input socket so not a big deal.
There have been certain Squier models over the years with absolutely HORRIBLE tuners that I would avoid at all cost but the Chinese CVs are in a completely different league.
Maybe things are different in LA than in my part of the world (Europe) but I see Squiers on stage all the time. Even the cheaper series. I actually got the CV70 as a touring bass after a couple of bad experiences with expensive basses and airlines (goodbye AVRI63...). But the CV70 turned out to be TOO good so I won't risk it. I actually had to get another cheap bass for air travel, lol. And guess what I got? An Indonesian VM (but upgraded the pickup). Good enough for touring but not good enough to worry about getting stolen or smashed to bits.
The ONLY thing I'm not 100% comfortable with on the Chinese CVs are the pots. None of them have failed me yet but they look/feel a bit cheap so it's probably a matter of time. But were' talking a $5 upgrade here! And the fact that I haven't bothered replacing them yet says it all really... as long as they still work they're fine.
Anyway, I'm really looking forward to testing one of the new Indonesian CVs. I hope they're great but my gut feeling says VM quality in a different package. Early reports seem to suggest this too. Which is fine I guess. At least it means Squier will still offer a true P-bass (not PJ) at a reasonable quality/price and that's a good thing IMO.