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I'll emphasize the UPside to black paint, as mentioned: if you're going to shine it for a car show, C&C, cruise, Sawmill, etc... it'll look better than nearly any other paint. Black is still a very popular color, and won't negatively affect resale value. Plus, if you have any paint chips or damage it'll be easier to match it.
Considering I've got a high bid on a black car on eBay right now, I can say I had two black DD/fun cars and I'd be happy to jump back into DD'ing a black car again! :thumbup: