I have a friend who teaches guitar, and he ended up buying one of his students a cheap guitar because their guitar was clearly some bargain bin DIY project someone had made, and not a good enough instrument to perform on.
Instruments are expensive, but as long as you keep playing they are a good investment IMO.
Bowens, will you be able to return it to the store?
I have a US fender stratocaster, it’s a really good guitar.
I think Squier is also owned by Fender.
Theoretically, I could probably return the old guitar, but I got it in a package that includes an amp. I plan on using the same amp since it seems to work fine. Plus it would be a pain repackaging the whole setup. It just seems simpler to keep it. It was fairly cheap anyway, and I don’t mind having a spare.
Good luck with the new guitar.
That’s a sweet axe Bowens! 
I mostly play acoustic.
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