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I have to think that the durability of the new color base/catalyzed clear coat systems is far superior to what was available 20 years ago. The quality of the final product on the car though, is entirely dependent upon meticulous preparation and skill of application.
Repainting with a different color requires removal of an awful lot of seals, panels, and hardware to make it look right--masking just doesn't cut it in most cases. This requires a lot of time and/or money. The new paints are expensive, but nothing compared to the prep time involved.
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