Nah, you need a good sound first (amp, pedals, inferface) Hold on, I'mma record a few stuff from my 280$ Jackson and my epiphone to show you

Most of great records do not sound great to me )) It’s all the matter of taste, isn’t it?) First step is to understand what kind of a sound you wanna get. What’s your instrument and what’s your reference sound?

Nope. I’ll use cheaper guitars all the time. It’s either the interface, microphone or mixing most likely. Could even be the space your recording in. Take your time to experiment to find that sound you want!

If you want to make a hit record. It's helpful if, your guitar's out of tune. And your singer, is tone deaf.