No, vinyl wrap will not remove OEM paint. Good quality vinyl from brands such as Avery Dennison and 3m have soft adhesive that can peel off without damage your ride.
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If taken care of, vehicle wraps can last up to 7 years
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A wrap shouldn’t be neglected. We recommend to hand wash the vehicle in the shade a few times a month. Avoid carwashes as they may scratch the wrap and apply unwanted chemicals. If you’re going to use a self service bay then make sure to bring your own wash mitt. Wraps will also last longer and look better if they aren’t in constant sun.
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Minor scuffs and scratches will fade when heat is applied. This can be achieved by using a heat gun or even by leaving it in the bright sun. If its a more aggressive scratch its not likely to come out. The panel will have to be redone.
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Vinyl wrap is a barrier between your paint and the elements so yes, it does protect your paint. Vinyl will protect your paint from UV rays and scratches but not necessarily rock chips. If you want full protection from rocks and the then elements clear bra is much better at protecting your paint.
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If your paint is in good condition then wrap is ideal. Repainting your vehicle lowers the value and isn’t ideal unless it has serious body damage.