Unless you really get a professional job done, I think that the wheels will have various blemishes and stains after a year or so.

I paint my wheels in a cool basement using Rustoleum and a 3/4" round brush, I do the bead flange area with a 1/4" artist's brush. The cool temperature causes the paint to run a bit, but except for a few drips on the back and the floor, the paint comes out real smooth. I paint the back of the wheel a light color so that I can tell when they are clean. I repaint the front of the wheels each year after washing the wheels and wiping them down with paint thinner. Nothing looks as good as a fresh coat of paint.

I'd paint the wheels and hubcaps bright yellow! I did Evander that way one year and the wheels almost glowed. I left the car for service one day and the counter man told me that every person who came in asked about the yellow wheels. I didn't ask him what their comments were!

If you do a search in the gallery for 700s and go to page four, look for "Evander in his winter plumage" about 2/3rds of the way down the page. You can see what a wheel color and a matching stripe can do for appearance.
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3 8s & 2 7s 725,000 miles total