Adjusted market assessment approach â Theoretically, this method estimates standalone selling price by estimating the price that the customer would pay for the good or service in the entityâs market.
Using better materials and more involved preparation and finishing, a mid range car paint may cost anywhere between $1,000 and $5,000. It may also involve interior painting and areas near the engine getting re-colored. Typical warranties range from 2 to 5 years though may be more.
However, the question is how much is the car worth? A quality paint job will cost at least $3,000 and I doubt you will recover that in the sale of this vehicle. If you plan to keep the car for several more years and want it to look sharp you can spend the money to respray it.