That's a matter of opinion and I think a habit or automatic assumption based upon relative quality available about 10 years ago. Well, maybe because I only gig 30-40 times a year then I don't wear them out as quickly as you
To be honest, I thought the same. I have a 25 year old Squier bass with all original hardware. The hardware on my 40th anniversary is very good.
Thinking about it... my go to had become my Flea signature, as it is such a low stress instrument to play. But of late I'm increasingly turning to my Sire.
I've recently realised I am playing my £70 Harley Benton kit P-bass with a £30 Squire neck because it's so nice to play and it sounds killer...