You'll need a large compressor, not just the typical 20 gallon variety most of us have. This is a 60 gallon, vertical compressor with typically a 5+ hp motor. Then you'll need a decent paint gun (possibly 2; one for primer and one for color) which again is an expense. Then there's the question of where you'll paint the car. Renting a paint booth is best, but can be expensive and hard to find. You can always seal up your garage or shoot out in the wetted down driveway, but you'll inevitably get dirt and moisture into the paint.
Changing Colors. If you're keeping your Mustang the same color it is now then things stay pretty simple. Areas like the door jambs and inside of the trunk are probably still in good shape since they aren't exposed to the weather and you won't have to worry about repainting them. But if you're changing colors these extra areas will cost you. Be sure the price quote you get from the paint shop includes these extra areas. If you wait until the day you pull up with your Mustang prepped for paint you could be surprised by this extra cost.
Set up costs are normally included with any home improvement job, painting separate times for complete exterior painting can essentially cost double, unless agreed before work begins in painting quote.
The second part of preparation is surface prep, it addresses covering the surfaces you do not want to get any paint on. A little plastic sheeting will go along way to keeping paint off of floors, window coverings, handrails, cabinets, counter tops, etc... And, if you are not confident with your ability to paint a straight line next to door casing, baseboards, cabinets or hardware protect these surfaces using masking tape. There are two basic types of masking tape white/yellow and blue. The white tape sticks to surfaces better but, can pull off finishes on cabinets or stained woodwork. Blue tape usually will not pull off finishes but, does not stick as well, this will probably be the tape to use for most applications. Always wipe down or dust the surface you will be masking to assure the best tape adhesion possible. If you use blue tape you may need to re-rub down the tape before painting next to it, only mask off areas with blue tape that you will be painting for a given day. With either tapes, do not assume the are a force field that paint will not penetrate, use them as a reference and dry brush the paint next to the edge of the tape and avoid soaking the edge of the tape with a lot of paint, this will cause the paint to "bleed" through giving you an undesired look. If you will need to apply multiple coats of paint, on the first coat, paint as close to the tape as you can, not really getting paint on the tape. With the second coat or a one coat application, you can use the tape more of like a paint barrier and get a little more paint on the tape if you immediately remove each section of tape after painting the section, this will keep the paint from sitting on the tape and "bleeding" behind it. Also, if you get a lot of paint on the tape it is not good to let the paint dry on the tape because some paints (especially the glossier paints) will peel if allowed to dried, with the tape when it is pulled off. White tape should not be left on for longer than a couple of days and I suggest not leaving it on more than a day in areas that receive long periods of direct sunlight. Blue tape can be left on for days, if it will stay on, there again it does not stick as well and may need rubbed down again immediately before painting up next to it.
When all of the spraying is complete, its time to remove all masking tape and paper and start touching up your entire home. This step is pretty time consuming because this is the final stage that really makes your home look good. The more time you spend here, the better your home will look.
When you plan with split complementary colors, you begin with a single reference color. Next, choose a color from either edge of the complementary color and use it. While the complementary color scheme is a little more obvious, this scheme can fail totally if you just use paler versions of your warm colors. By the same token, picking a a warm undertone for the main contrasting color and combining it with two cool tones will showcase the warm tone.
A large whitewash brush is best for applying the wash. One should not attempt to brush out the coating, as in applying oil paint, but simply spread the whitewash on as evenly and quickly as possible.