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The Cheap Ass Bass Club

I prefer cheap basses and guitars that I've tweaked. I love watching jaws drop when I get compliments on my sound, and I tell them how much I paid for it.
Douglas 6 string bass $109.95 new
LTD 5 I defretted $200 used
OLP 5 $129 used
SX 6 string jazz copy $149.95 new
Even get compliments from my gear snob friends. Mad bragging rights of a different sort!
 
No name P bass copy, circa 1980's, with upgraded tuning keys and bridge, paid $80. Wiring replaced with wire from an old broken fan and a paper clip. Note the cheap strap lock: washer found on the ground in a parking lot. I'll bet the hemp strap is worth more than the bass, but that was not purchased, as an old bandmate left it at my house before he moved.
 

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All the things you're mentioning are old issues. Today's instruments tend not to have those problems, unless they're really, really garbage. Sure, I had to change the pots in my Carlo Robelli. 50 bucks. So the grand total was $325.

Many use the same wood as expensive models unless you start getting exotic (which doesn't necessarily sound better).

And even expensive instruments have problems now and then.

this is true. I know I had to change two of the tune keys from Traben after I got it (but then again that was of my own stupidity. I was tuning backwards by accident) and it never seems to be precisly in tune which irritates me, and the tone isn't what i expeded with weak p-ups that are kind of hard to hear in the mix. I have to stand right infront of the PA that I plug into in order to hear myself.
 
I'm a fuzz above 200..but a worthy mention. I bought a Peavy Zodiac bass off a TB'er for less than 300 shipped. Sunburst, maple neck and I put a red tort pick guard on it. Looks great to me. It's got EMG split pups and a single Duncan pup at the bridge. I have flatwounds on it and it sounds wicked. I felt great when my bass teacher said..."let me see that"...complimented the bass and enjoyed playing it a bit.
 
whereas playing a cheap one is a statement -- it says. "it doesn't matter what I use -- I can play."

I prefer medium quality instruments. Really cheap instruments can often suck. Really expensive instruments are for collectors. Medium quality instruments are forplayers.

I'm hoping both of these statements are being made tongue-in-cheek, as both would be beyond ridiculous if taken at face value.
 
Count me in too. My main bass is a used Warwick Rockbass Corvette 5 string. $299 used- is that cheap enough? The older rockbasses get no love around here, and I really don't understand why. OK, it's not a real Warwick, but so what. It plays and sounds great, and (in my opinion) just killed everyting else I tried in it's price range. I love it.

My latest bass is a free Squier p bass, which needs some work to be playable. But after some work and minor investments it will be a good backup.
 
Okay I have to chime in.
I have a Squire Affinity five string, after I set it up and put a set of flats on it .:hyper:
A Fernandes Gravity five, set up and Rotosound nylon flats. :hyper:
I prefer passive electronics so the price difference on the Fernandes and it's active counterpart is around the six hundred dollar mark.
Squire = 229.99
fernandes = $369.00

The craftsmanship on both is very fine and would recommend them to anyone.:D

Both sound and record great!
Unless you want to you don't have to spend a fortune on a good quality bass.
But I do understand why some people do.
If only a Zon would cost less than my truck.:D