Go to a good shop, and play a couple and don't look at the price. Pick a few that catch your eye. Try to avoid the gearhead mindset. Just listen feel and play it. Ignore anyone else who says you should buy x, y or z because someone famous plays it. Ignore it all. Also, take a look at the used product section. Some basses are really well aged and have a personality.
That's what I do. Sometimes I find something that sounds really good, and discover that it's not that expensive. At other times the price is insane. It all depends.
For example, my last purchase was a cheap Harley Benton PB-Shorty BK Standard bass. It's the cheapest I found, and it sounds ok/alright after a couple of modifications. It's also a shorty, so I can actually play bass in my studio without knocking things over all the time. Which makes it practical.
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