One precaution: You can't paint with it in cold weather. The chemical reaction that transforms the water solution into a durable finish will not take place if the temperature is below 50°. (Conventional oil paints don't stick well in cold weather, either.) 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. Store your leftover paint in plastic Rubbermaid beverage jugs or other plastic seal-able containers. Paint left in the can always gets funny after time. Either the can isn't properly sealed of it gets exposed to extreme heat or cold. I like to store my paint inside where the temperature is controlled.
Also, when checking the paint, be realistic and don't ignore areas just for the sake of convenience. It will cost you more in time and money later. Typically if one area of the paint is cracked or peeling, then the paint on the entire car is suspect. Maybe the rest of the car just hasn't quite reached that point of decay, but it will shortly. So if you only fix areas that look bad, you'll likely find that you wasted a paint job when the other areas start to crack or peel in a year or two. You can use vinyl on almost any exterior except previously painted wood. It works fine on wood shingles and shakes, asbestos shingles, brick, stucco, concrete and masonry blocks. One manufacturer says you can even put it on wood clapboard if the clapboard is new and unprimed. Thinking skills (cognition): Thinking is a kind of "inner speech". We talk silently to ourselves to think through things and solve problems. Children in imaginative play begin to develop this skill through talking aloud and explaining everything that is happening in the game. (Think of the children playing in the "home corner" in your playschool and how they tell each other what to do and talk to the dolls and teddies). Slowly, as they become more practiced, this talking changes to become "inner speech" (they think it but don't say it out loud). This is a major foundation for developing thinking and reasoning skills. Painting ceiling does not require premium paint. You can use flat $15 to $20 ceiling paint. I use Sherwin Williams PRO-MAR 200. Painting ceiling requires a lot of physical work and plenty of drop cloths. If you are not up for the challenge or have very high ceilings contacted a professional will prove to be a smart move.