you are better off going with another brand name. when you buy a fender, a lot of what you pay for is the brand name. the same with gibson...
I'm not a bolt on guy, so I dont know who makes good bolt on style guitars, but it'd be a good bet to say carvin would be a great choice, and its almost guaranteed to play better than a new strat no matter how much money you pay for it... none of those things are ever set up right... ibanez is another great company. there are a lot of companies that make guitars that are IMO better than top of the line fender and gibson guitars but a lot less ($500-800 price range). you might even want to shop around the used market, and fix up a used guitar... at least thats what I like to do, I picked up my 81 artist (absolutally sweet double cut away) used for $125 cause it was in bad shape. I took it home, sanded the stupid blue latex spray paint someone put on it, had the neck plained and refretted by the best tech in my state, and rewired it. over all it took a little labor of love on my part, and about $650 but it out plays, and sounds as good a $3000 guitar.
I would just urge you to do some research, and if you absolutally insist on paying loads of $ to have a sticker on your guitar that says "fender" I would strongly encourage you not to get a squire, I've heard very bad things about them.
best of luck with things!