if it doesn't have to say fender on it, tokai or other japanese copies would be worth a look. i haven't actually tried those exact models (i've tried the light ash strat, though, and wasn't too fussed), but i've compared tokais to other similarly-priced fenders, and the tokais were much nicer if you ask me.
they are very vintage in spec though, if you're after a modern tele, you might need to look elsewhere.