A decent powder coat cost about $100-$150 per wheels. Takes about a good week to get it done. Powder coat is actually very reliable. Its tough and it wont fade.
The red lines along the edge of the wheel is called pinstripe tape. You can buy this in pep boys, autozone, etc and install it yourself (it takes time and precision). You can get it done by a professional but it'll cost you some $$
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