That's certainly one extreme solution!I would wait say 6 months and see how things develop.Probably just reguire localised work-bonnet,front vallence etc.Probable cost around the £500 plus mark depending significantly on the quality of the body shop's work.The remaining paintwork could be profesionally buffed at the same time to fix swirl marks etc.
A full respray,if picked up on come sale time would almost certainly devalue the car big time
