I have owned a Squire tele from 1988! They made it in Japan then and it was signed "made by fender". It served me true for 13 years - on stage and in the recording studio.
I recently solds it. I played for a while with a current production Squire tele (made in the phillippines, I believe...) - it sounded OK, but was of lesser built quality. Still - for the price you pay - you get a mighty value and a decent guitar by any standard.
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