Are Mexican Fenders any good?
That being said, Mexican Strats are still excellent sounding guitars. They deliver the same versatile range as the American Strats, with that same snappy tone quality. They just don't have that extra oomph that makes an American Strat an American Strat.
What is MIM Fender?
The Fender Stratocaster is a special guitar. ... The Player Stratocaster takes the place of the Standard Strat, which was sometimes referred to as the MIM (Made in Mexico) Stratocaster. The Player Series, too, is made in Mexico. It's a great instrument and comes in at less than half the price of a USA Strat.