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You are never going to get the full panel polished look you reference in your post above using vinyl. The vinyl will have a lifespan, most are advertized at 6-8 years, but that is based on vertical sign applications, horizontal panels that are exposed to the elements will reduce the lifespan.
When it is time for the vinyl to come off, there will most likely be ghosting from time. Slight fading of the rest of the car, whereas the area under the vinyl is still brand new. Swirl marks, light scuffs from washing, waxing etc, will not be present under the vinyl.
I think if you are committed to the stripes then the best way to get long term results is to paint. While more expensive I think you'll be infinitely happier with the end result, esp if you plan on keeping the car a while.
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