I'd be looking for a nice used EBMM StingRay. You definitely will feel the difference. That said, I formerly owned an SBMM Ray34 and thought it was quite a good bass for the price point.
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I also believe that the biggest differences in the quality of a bass are noticed by the player, not the audience. Even things like pickups, I notice a difference, but I believe most people listening, even bass players, probably won’t.
But USA EBMM basses are very nice, and worth what they charge, in case there was any confusion!
This is almost exactly the same experience I had. I have a SUB that cost me less than $200 and an EBMM that cost me around $1500. The SUB is fantastic, it has no business being as close to the EBMM as it is, especially with an 8x gap in cost. However, the EBMM is noticeably better and IMO worth the money. I'm actually going to get rid of the SUB because there's no situation where I would reach for it over the EBMM.I owned my SBMM Ray34 1st. I paid $300 for it used, plus tax, at a Guitar Center. It had flats on it at the time of purchase. After new strings and a setup I fell in love with that bass but eventually wanted "the real thing".
Fast forward a few years and I picked up a EBMM Stringray Special HH at 8.3 lbs new from Sweetwater. For my costs the Stingray was amost exactly $2,000 more expensive. I can tell you that I am still thoroughly impressed with the Stingray and (for me) I think it was worth every penny.
... Can't expect the MM to be 8 times better. ...
There is far less of a difference between the Sterling models, other than the Ray34 maybe sounding a little better, better bridge but both feel pretty much the same in your hands (the Ray4 neck will be a little slimmer and is a 2 band EQ as opposed to 3).
Yeah, I only gig 1 or 2 times per month plus I am not exactly young, spending $2k right now is tough due to COVID 19 cutbacks. But the Sterling & my Fender P do bring personal fulfillment in playing, but I am still GAS'ing for a Musicman !!Right off the bat, it won't be 8 times better. As others have mentioned, instruments hit diminishing returns, especially new gear over the $700-800 price range.
That being said, I love every detail of EBMM Basses. Everything from those tasty roasted maple necks down to the tuners they use. It just feels premium. The sound is on another level as well, IMO. Not that Sterling stuff is bad at all - it's great for the price point.
You just have to ask yourself if you'd rather have the $2,000... or a more upscale bass than your current setup that could bring a lot of personal fulfillment. It's often not an easy call, especially when we browse these gear forums.
My son has a Ray34, compared to my Ray4 (current model), the finish is better on the 34. Fit is about the same, I do build a little furniture so I have an eye for it. 34 sound is a little better, cant say materials are better, both stay in tune, necks are calm here in south Alabama, mine has north/south neck grain. I never knew to check that until recently where I saw a post on here describing it.This is simply not the case IME. In all aspects of materials, fit, finish, feel, playability and sound, there is an ocean between the Ray4 and Ray34, compared to a babbling brook between the Ray34 and EBMM StingRay.
IMO these 'cheap' companies like SUB or Squier occasionally put out exceptional instruments. I mean, they are mass produced.