Paint holds up if its not abused but it will chip easily. Mine looked like new after 2 years and about 1500 flights. Give the covering a good once over with an iron before hitting the sun, then once in sun go over it again especially the areas that are lifting. The covering will stay put after that. The Vanquish is a good plane. I flew mine in the Advanced class with no real issues. If your just sport flying, I doubt you will find anything better for the price. Easy to repair as its all wood and covering. I am surprised more sport flyers have not discovered it.
Rick