Actually?
I used dip it. It’s in a rattle can now. All you have to do is clean any oil and grease off and spray 6 light coats. On the last coat make it a “wet” coat. One can did all 4 rims.
When you get tired of it or want to change the color. Peel it off and do it again. It doesn’t come off with normal use.
You can also paint over it with car paint in a can, and it will still peel off.
Don