I don’t think it will matter much. The penetrol takes a few days to totally dry, so don’t wax over it until it is dry. Even then, I’d avoid waxing the rusty spots just because wax will cake up in the rusty areas and look chalky.
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Here’s what I would do if I were you. Wax the whole truck. Use any decent wax. I actually like Nu Finish. It’s cheap and available anywhere. Goes on and comes off easy. Get yourself a can of denatured alcohol and wipe the wax off the nicks and scratches. Just put a little on a rag and wipe each nick with the rag wrapped around your index finger. Finally, apply penetrol to the nicks and scratches with a hobby paint brush the same way you would use touch-up paint on any normal car. It will take a while, but you can feel confident that when you’re done, the rust will be stopped.@roadstr6 Also what wax do you recommend?
Thanks everyone. I did a little waxing tonight. I was a little to aggressive with the scotch Brite pads though and there are small scratches all over the truck. Not bad but I'm wondering if there is something heavier then the regular wax I'm using I should try for buffing out the swirls. Any suggestions?
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This is what I use but you will raise a shine. The orbital will likely pull out the red to match your repair.