Introduced in 1981 and manufactured until 1982, the Fender Bullet Standard was designed by John Page and built at the Fullerton plant. It was initially released as a series of "student" guitars, intended to replace the Mustang and Musicmaster models.

Featuring a single-cut Ash body, this guitar offers a full-scale length and a body shape reminiscent of a thinner Telecaster. It is equipped with two single-coil pickups, master volume and tone controls, as well as a three-way pickup selector. One particularly interesting aspect of this guitar is its steel pickguard-bridge-tailpiece combination. It comes with the original Fender hard case.