Eh. I’ve been playing an $80 no name bass for five years. No one has any idea, because it sounds fine.
You don’t need to go all out. Ability is more important than name brand.
It must have some decent machine heads to hold tune. Did you buy it used?
It’s pretty great actually. It rarely goes off tune. Takes about 20 seconds with a snark.
It was brand new, off Amazon of all places. I did have to buy a new strap though, the one that came with it broke immediately.
To be honest it does have a “trumpet” sound that I’m not fond of.
I’ve got everything from an American G&L to a shitty $80 acoustic bass off Amazon. My favorite that I purchased instead of built is currently a mid level Alvarez, followed very closely by a butterscotch Squier 51 that I’ve had since they first came out (for under $100).
The biggest problem with low end guitars and bass guitars these days is mostly QC. Sharp frets, super high action, and bad tuners are fixable as long as your neck isn’t complete garbage. The problem comes in when new folks really have no idea what it should feel like and they don’t want to take it down and pay half the cost of the instrument to have a good setup done. So they suffer and quit when they could have spent $45 and turned a garbage $80 no name special into a reasonable beginner instrument.
To be fair, QC has also become a problem with much more expensive guitars as well in some cases (looking at you, Gibson).