Electric guitars (and basses) are pretty simple instruments, there are only 3 things that affect the sound you get out of it: the pickups (and how they're place

Electric guitars (and basses) are pretty simple instruments, there are only 3 things that affect the sound you get out of it: the pickups (and how they're placed), the strings you are using and the setup. Everything else is quality-of-life improvement rather than sound improvement (assuming the instrument is at least mostly competent and doesn't have frets placed incorrectly or some internal signal processing that destroys the sound). However, for acoustic instruments, you certainly get what you pay for. You really don't often see professional violinists or classical guitar players using cheap instruments, as the quality of the instrument affects the sound to a much higher degree. Most tools are quite similar to this, professionals know what they are looking for and don't need to get the most expensive or advanced tool, except in cases where it is absolutely necessary for optimal performance. They know the key things to look for to get the best performance out of the tool and the other characteristics they choose according to their preference or customize as needed.