yes Silver they came with VW styled engines in them <in fact if you look at an 80's rabbit and an 80's omni they are almost identical>.

As for the paint fading is it fading or is the clear they used peeling much like it does on the early 90 ford car's/truck? if it's the second one you be better off sanding it down and just repainting it as the clear will keep peeling off and take any new stuff you put on it. not too sure if its faded if you can buff it out though never really dealt with that personally. I figure if you have the time and/or an extra car try your hand at rolling it too see it looks better.

as for my lil project it might be awhile before I can get to it....money is always the one bad spot, but trying to find an omni/horizon without tons of rust is bad in this area now.