Bbob is correct, new paint will cost you thousands less than depreciation. If you figure 25% depreciation (which is probably low) plus any more you payed for down payment plus close to a year in payments (probably about $350 per month) your are looking at about $8200 blowing away in the wind. You can get a damn good paint job for $1000 or less.
I have a neighbor that owns a body shop. He qouted $450 for a 2 tone paint job on my friends V-Star with a clearcoat. This was with my friend doing disassembly/assembly himself and bringing the tins in. With the V-Star (1100 Classic) that price included front/rear fenders, tank and side panels.
Retired USAF, IYAAYAS!
2008 V-Star 1100 Custom Bobber project
2011 Crimson XR with Forged Highway Bars / Hard Bags / Passenger Backrest, Ness parts including Smooth Layback Plate Frame/Mount / Rad 3 Mirror / deep cut grips / drivers floorboards /shifter peg / brake peg / passenger pegs. Witchdoctor black rack, Lloydz filter / timing wheel / VFC III, 7Jurock windshield, Drag Specialties seat.