I kinda agree with what @peteb was getting at - sometimes you pay more and you get a better instrument. I picked up a Fodera at the Bass shop near henley that Molan used to be connected too (I forget the name), and without plugging it in I could tell that it was an amazing sounding resonating, even playing instrument and kinda understood why it had the price tag it had. On the flip side the guy from Vulfpeck did ok for himself with a Mexican fender.
so if you've got a cheaper bass that sounds as good. great.
Also as Pete says it's a bit about attitude. I'm quite happy to buy a bass, try it and if I don't get on with it sell it on and try something else.
I've got a mate who's a guitarist and he's dropped a crazy crazy amount on essentially a custom bitsa - it's resale value is almost nothing - but he works professionally and it's a tool for the job and he knows the exact specs he requires. It's a bit like a trades person who needs a drill for a job, they go and buy the best Makita they can afford, beacause they like that brand, know it's reliable and know it will perform. They won't save £50 and try the deWalt that's on offer and has better specs on paper ... because on the job they don't have the level of confidence it will deliver.