Go for it! I've done my emblems and wheels so far on the truck...I'll probably do my flugly faded front bumper soon.
I've also done my brothers 06 civic's wheels, grille and emblems with white plastic dip.
..and now that I think about it, I've done my girlfriends emblems, wheels, grille and chrome pieces on her 2012 Elantra black with it to haha.
It's good stuff