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
technics Sl1200’s ? sure a $200 item will for sure blow it out of the water
First, most people dont have the right dac....nor the right analog set-up....

Second, the 3 controlled embeddings (mechanical,electrical,acoustical)are more important for the S.Q. than most electronic components choices unbeknowst to most....And no electronic component manufacturer can insist about these essentials points even if they have the clues or knowledge if they dont want to decrease their sales and pitch marketing practice...

Third, like someone just said, too many factors are involved to decrete some judgment or opinions based on limited experience by almost all people on non-controlled audio embeddings systems....