Will a $700 turntable outperform a CD player?


I’m looking into getting a second source as I don’t want to be tied down to internet and a streaming service as my only source.  Will a $700 turntable and inexpensive phono preamp out perform a Cambridge CXC transport / Schiit Gungir Multibit?  
The Schiit Sol / mani preamp look enticing but I know nothing about turntables.

I used to dj and always used technics Sl1200’s and really liked them.  I can pick up a nice SL1200 mk3 used for $600...

I figure that before I start spending hundreds, possibly thousands, on cd’s or vinyl, I should be sure which format I want!

Thanks for any advice / input regarding this 😁

Best Regards,
Bruce
128x128b_limo
My friend thanks for your intrerest , i learned only one thing in the last 7 years by my stream of continuous experiments in listenings and with the 3 embeddings: The electronic component you owned are less important than controllings the 3 embeddings: the vibration-resonance mechanical controls, the electric grid of the house and room, the acoustical space with passive but also active methods....

Most people has never experienced that first hand and they think only of upgrading to satisfy their need without paying attention to the many defects linked to an improper controls of these 3 dimensions....

I dont want to repeat what is in my thread " miracles in audio" you can read it or go to my virtual page systems for details.... Dont be fooled by the photos of my systems, the sound is at his maximum potential S.Q..... :)

If you have questions i will anser them on my thread or in private....



cal91
@mahgister...By acoustical embeddings do you mean room treatment? If so, I’d be interested to know what you do. I feel like I should explore this before spending money to change components

I can't stand the noise level from vinyl.  i also like streaming better than a CD player because I can listen to hi res.
@larry5729... I assume you mean background white-noise or record surface noise. If I am correct then you have never heard a really good vinyl rig. My turntable and phono stage are dead quite and have an ultra low noise floor. Most visitors dont even realize I have a record playing until I point it out. 
Rochard,

Not sure what maintenance costs you experienced with TT. My P3 is at least 10 years old and I've never taken it in for bearings, belts, etc.

Maybe I'm speaking too soon (fingers crossed)?

G